LDU-factorization of Miyazawa income multipliers in multiregional systems
Geoffrey Hewings and
Michael Sonis ()
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Michael Sonis: Regional Economics Applications Laboratory, University of Illinois at Urbana-Champaign Urbana, Ill 61801-3671 USA and Bar-Ilan University, Ramat-Gan, 52900 Israel
The Annals of Regional Science, 2000, vol. 34, issue 4, 569-589
Abstract:
A new triple LDU-factorization (L represents a lower-triangular block matrix, D represents the diagonal block matrix and U represents an upper-triangular block matrix) of the Leontief inverse is based on the Schur block-inversion of matrices. This factorization is applied to the decomposition of Miyazawa-type multipliers of income formation within the multiregional system and to the further elaboration in the extended demo-economic multiregional input-output analysis.
Date: 2001-01-10
Note: Received: September 1998/Accepted: May 1999
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