Leontief_mA {CGE}

Leontief Monetary Demand Coefficient Matrix

Description

This function computes a Leontief monetary demand coefficient matrix in a monetary economy.

Usage

Leontief_mA(A.pre, p)

Arguments

A.pre

a numeric n-by-m matrix.

p

a nonnegative numeric n-vector or n-by-1 matrix.

Details

Some elements of A corresponding to money equal -1.

Value

A n-by-m matrix is computed which indicates the (monetary) demand structure of agents (firms or consumers) with Leontief production functions or utility functions under the price vector p.

Author(s)

LI Wu <[e-mail]>

References

LI Wu (2019, ISBN: 9787521804225) General Equilibrium and Structural Dynamics: Perspectives of New Structural Economics. Beijing: Economic Science Press. (In Chinese)

Examples

A.pre <- matrix(c(
  0.5, 1, 1,
  0.1, 0, 0,
  -1, -1, -1
), 3, 3, TRUE)
p <- c(1, 2, 0.1)
Leontief_mA(A.pre, p)