What is Leontief Matrix? Given a technology matrix of three sector in an economy. Input to
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What is Leontief Matrix? Given a technology matrix of three sector in an economy.
| Input to | ||
Agriculture | Industry | Transport | |
Agriculture | 0.20 | 0.30 | -0.40 |
Industry | 0.40 | 0.00 | 0.60 |
Transport | 0.307 | 0.80 | 0.00 |
Find its Leontief inverse matrix?
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
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