Note on Leontief's dynamic input-output system
Hirofumi Uzawa · Proceedings of the Japan Academy Series A Mathematical Sciences · 1956
Leontief [2] raises the problem whether there exists a solution of the dynamic input-output system, when a flexible accelerator is introduced so that demand for capital equipment is proportional to the rate of change of the output when the latter is rising but zero when it is falling.In this paper, we shall concern ourselves with the condition, which must be imposed upon the input matrix and the stock matrix in order to exist a solution of the system.