Bienenfeld’s approximation of production prices and eigenvalue distribution: some more evidence from five European economies

This paper tests Bienenfeld’s polynomial approximation of production prices using data from ten symmetric input-output tables of five European economies. The empirical results show that the quadratic formula works extremely well and its accuracy is connected to the actual distribution of the eigenvalues of the matrices of vertically integrated technical coefficients.

MoreLess

Year of publication:	2012-01-30
Authors:	Iliadi, Fotoula ; Mariolis, Theodore ; Soklis, George ; Tsoulfidis, Lefteris
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Bienenfeld’s approximation \| Damping ratio \| Eigenvalue distribution \| Empirical evidence \| Production prices

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	B51 - Socialist; Marxian; Sraffian ; D46 - Value Theory ; D57 - Input-Output Analysis ; C67 - Input-Output Models ; E11 - Marxian; Sraffian; Institutional; Evolutionary
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009647410