The possibilities how to use stochastic simulation and numeric methods for the creation of structured Input-Output models
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F04%3A00009873" target="_blank" >RIV/61989100:27510/04:00009873 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The possibilities how to use stochastic simulation and numeric methods for the creation of structured Input-Output models
Original language description
Leontieff's I-O models simulate the relations among the individual industries of a national or regional economy and relevant inputs and outputs. These models appeared during sixties years of the last century as a generalisation and an extension of the export base theory that is a bit older one. Models allow to analyse the links among the particular industries, to identify key and crisis resorts and to find an answer to the question what would happen if a model component changed . I-O models do not enable to describe an economy behaviour in a dynamic way. It limits their usage in the field of prediction and prevention. One of the possible approaches towards the stochastic dynamisation of I-O models can be considering all basic parametres of the concretemodel as random values with a certain probability distribution. In this case we can use numerical methods, particularly Monte Carlo method. In this case we can use numerical methods, particularly Monte Carlo method. The method Monte Carl
Czech name
Rozšířené statistické vyhodnocení výsledků simulací stochastického Input-Output modelu
Czech description
Rozšířené statistické vyhodnocení výsledků simulací stochastického Input-Output modelu
Classification
Type
C - Chapter in a specialist book
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2004
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Studies and Analyses of the Macro and Microeconomic Systems' Structures and Behavior Using the Economic-Mathematical Methods
ISBN
80-248-0666-5
Number of pages of the result
11
Pages from-to
55-65
Number of pages of the book
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Publisher name
Faculty of Economics, Technical University of Ostrava
Place of publication
Ostrava
UT code for WoS chapter
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