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Stochastic Conception of Input-Output Model: Theoretical and Practical Aspects

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F12%3A86082503" target="_blank" >RIV/61989100:27510/12:86082503 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Stochastic Conception of Input-Output Model: Theoretical and Practical Aspects

  • Original language description

    Complexity is immanent to economic-spatial structures and relations. There are not many models that allow for capturing the economic qualities of territories in a satisfactory manner. Input-output model can in spite of its simplicity be treated as one ofsuccess stories. Original version of input-output model is of deterministic character and reckons with deterministic inputs and outputs. In order to overcome this deterministic limitation when analyzing and forecasting the possible scenarios of territorial development, it is useful to introduce the interval estimates. Thus, the objective of the paper is to provide the insight into the stochastic version of input-output model. This innovative conception of inputoutput model will be examined from both theoretical and practical perspectives. Empirical utilization of the model is shown on the case of iron metallurgy sector in the Czech Republic.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Others

  • Publication year

    2012

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    INTERNATIONAL JOURNAL OF MATHEMATICAL MODELS AND METHODS IN APPLIED SCIENCES

  • ISSN

    1998-0140

  • e-ISSN

  • Volume of the periodical

    6

  • Issue of the periodical within the volume

    6

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    9

  • Pages from-to

    739-747

  • UT code for WoS article

  • EID of the result in the Scopus database