Ldu-Factorization of Miyazawa Income Multipliers in Multiregional Systems
Posted: 17 Oct 2001
A new triple LDU-factorization (L represents a lower-triangular block matrix, D represents the diagonal block matrix and U represents an upper-triangular block matrix) of the Leontief inverse is based on the Schur block-inversion of matrices. This factorization is applied to the decomposition of Miyazawa-type multipliers of income formation within the multiregional system and to the further elaboration in the extended demo-economic multiregional input-output analysis.
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