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Study of the Continuous-Time Open Dynamic Leontief Model as a Linear Dynamical Control System

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Abstract

We study the topological properties of the technology set (the set of all technologically admissible net production output vectors) in the continuous-time dynamic Leontief model in which the control is a function of unproductive consumption. Necessary conditions for the technology set to be closed are obtained.

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Correspondence to N. G. Pavlova.

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Russian Text © N.G. Pavlova, 2019, published in Differentsial’nye Uravneniya, 2019, Vol. 55, No. 1, pp. 111–116.

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Pavlova, N.G. Study of the Continuous-Time Open Dynamic Leontief Model as a Linear Dynamical Control System. Diff Equat 55, 113–119 (2019). https://doi.org/10.1134/S0012266119010117

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  • DOI: https://doi.org/10.1134/S0012266119010117

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