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An Armington-Leontief Model

Ferran Sancho

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: We develop a novel linear Leontief model with an Armington flavor. We show (1) that the standard linear model is a special case of this new model and (2) that this model allows the computation of multiplier effects with no external output bias. We also provide (3) a mathematical proof of the solvability of the model and the non-negativity of the newly derived multiplier matrix that results from the model's equilibrium solution.

Keywords: Armington principle; extended linear equilibrium model; technological productivity. (search for similar items in EconPapers)
JEL-codes: C62 C67 D57 (search for similar items in EconPapers)
Pages: 8
Date: 2018-02-23
New Economics Papers: this item is included in nep-hme
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: An Armington–Leontief model (2019) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:aub:autbar:963.18

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