On one connection of the exchange and Leontief models

Author:

Kostyakov I.1,Kuratov V.1

Affiliation:

1. Institute of Physics and Mathematics, Federal Research Centre Komi Science Centre, Ural Branch, RAS

Abstract

The authors show that the Leontief model of linear interindustry balance can be available passing to the limit for some parameters from linear exchange model with change in economic status of some participants in economic operations. Moreover, the Leontief model itself can be subjected to the same limit procedure and transform to a new Leontief model. Parameters can have different interpretations, depending on the specific situation in the economy: change of priorities in the national economy, etc.

Publisher

Komi SC UB RAS

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