Article ID: | iaor20032953 |
Country: | Singapore |
Volume: | 19 |
Issue: | 2 |
Start Page Number: | 233 |
End Page Number: | 247 |
Publication Date: | Nov 2002 |
Journal: | Asia-Pacific Journal of Operational Research |
Authors: | O'Neill M.J., Wood R.J. |
Keywords: | numerical analysis |
The Hawkins–Simon condition is a well-known method used to determine the existence of a unique positive solution of a static Leontief system. A method that is sometimes easier to apply is the spectral radius condition. A derivation of the spectral radius condition is presented, together with a computational method for calculation of the spectral radius of the input–output matrix. In addition, several useful bounds are derived for the spectral radius.