title: Analysis and Control of Macroeconomic Trends Based on the Leontief Model
metadata.name: dc.contributor.author
metadata.value: Zhao, Guo
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Dan, Wang
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-02-26T17:30:34Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-02-26T17:30:34Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023
metadata.lang: -
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/11701/spbu31.2023.04
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/44946
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: In the present study, we consolidate the forty-five industrial sectors
  delineated in the U.S. input-output tables, as disseminated by the
  OECD, into three overarching sectors: advanced manufacturing, modern services,
  and a residual category termed ’others.’ We adopt gross fixed capital
  formation as a proxy for the proportion of net profit allocated to investment,
  positing that the investment requisite for augmenting output is commensurate
  with the requisite capital intensity. This framework enables us
  to forecast the trajectory of total output and GDP, taking into account the
  interplay of multiple determinants. In addressing the inherent linear control
  dynamics of the input-output model, we apply classical control theory to
  regulate the advanced manufacturing sector. By deriving control equations
  that accommodate multifactorial influences, we substantiate the efficacy of
  this control mechanism through rigorous numerical analysis. Moreover, we
  reconceptualize the dynamic input-output system as a game-theoretic model
  characterized by a saddle-point equilibrium. By leveraging the saddle-point
  equilibrium strategy, we pioneer an innovative approach to resolving the
  complexities of dynamic input-output analysis. This methodological innovation
  not only enhances the precision of our predictions but also contributes a
  novel perspective to the literature on economic modeling and control theory.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Contributions to Game Theory and Management;Volume 16
metadata.lang: -
metadata.name: dc.subject
metadata.value: dynamic input-output model
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: program control
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: saddle point equilibrium strategy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: differential game
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Analysis and Control of Macroeconomic Trends Based on the Leontief Model
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 61-73.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/44946/1/61-73.pdf
resources.format: Adobe PDF
resources.size: 835,33 kB