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Subject:
Statistics Problem - coefficient matrix
Category: Science > Math Asked by: stats-ga List Price: $10.00 |
Posted:
28 Oct 2004 10:21 PDT
Expires: 27 Nov 2004 09:21 PST Question ID: 421260 |
The following table gives the inter industry transactions in millions of dollars for an economy with 3 sectors S1, S2, S3. Calculate the coefficient matrix. S1 S2 S3 Final Demand Total S1 50 25 25 100 200 S2 40 50 10 200 300 S3 100 50 150 300 600 |
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There is no answer at this time. |
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Subject:
Re: Statistics Problem - coefficient matrix
From: stats-ga on 29 Oct 2004 05:13 PDT |
Sorry - I do not know much about this topic. I am just looking for an answer to this question so that I can use it in my studies. Thanks ! |
Subject:
Re: Statistics Problem - coefficient matrix
From: thami83-ga on 01 Nov 2004 23:11 PST |
which S's are the coefficients |
Subject:
Re: Statistics Problem - coefficient matrix
From: pkliber-ga on 21 Nov 2004 03:18 PST |
I assume that this is a problem of input-output analysis, isn't it? Let us see. The sector S1 produces 200 and it needs 50 from S1, 40 from S2 and 100 from S3. So the coefficient 11 is 50/200=0.25 (to produce $1 in S1 you have to use $0.25 of the production of S1). The coefficient 12 is 40/200=0.2 (to produce $1 in S1 you have to use $0.2 of the production of S1). The coefficient 13 is 100/200 = $0.5 (the outupt of the values $1 in S1 requires input from S3 of the value $0.5 ). In the following way you can compute the other coefficints. The coefficient matrix is 0.25 1/12 1/24 0.2 1/6 1/60 0.5 1/6 1/4 Is that right? |
Subject:
Re: Statistics Problem - coefficient matrix
From: stats-ga on 23 Nov 2004 01:51 PST |
Dear pkliber-ga, Your reply looks like what I wanted. I think this is the correct answer to my question. Thanks very much ! Regards |
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