STABILITY ANAL YSISOF THE DYNAMIC INPUT-OUTPUT SYSTEM

摘要

The dynamic input output model is well known in economic theory and practice.In this paper,the asymptotic stability and balanced growth solutions of the dynamic input output system are considered.Under some natural assumptions which do not require the technical coefficient matrix to be indecomposable,it has been proved that the dynamic input output system is not asymptotically stable and the closed dynamic input output model has a balanced growth solution.