Input-Output Analysis: New Results From Markov Chain Theory
Nizar Riane and
Claire David ()
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Nizar Riane: UM5 - Université Mohammed V de Rabat [Agdal]
Claire David: LJLL (UMR_7598) - Laboratoire Jacques-Louis Lions - SU - Sorbonne Université - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité
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Abstract:
In this work, we propose a new lecture of input-output model reconciliation Markov chain and the dominance theory, in the field of interindustrial poles interactions. A deeper lecture of Leontief table in term of Markov chain is given, exploiting spectral properties and time to absorption to characterize production processes, then the dualities local-global/dominance-Sensitivity analysis are established, allowing a better understanding of economic poles arrangement. An application to the Moroccan economy is given.
Keywords: Graph - Markov chain - Leontief matrix - Dominance theory; 05C20 -15A15 -60J10 JEL Classification; C65 -C67 -L00 (search for similar items in EconPapers)
Date: 2022-02-26
New Economics Papers: this item is included in nep-ara and nep-hme
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Published in Economie appliquée, 2022
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03696207
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