A generalized system-theoretic framework for modelling large scale national economic systems in dynamic, structural and spatial terms†
- 1 September 1971
- journal article
- research article
- Published by Taylor & Francis in International Journal of Systems Science
- Vol. 2 (2) , 213-223
- https://doi.org/10.1080/00207727108920191
Abstract
The paper describes the ‘ physical system ’ theoretic construction developed to model the Canadian economy at a level of ten sectors in each of five regions, but which has general applicability. The national economy is identified here as a collection of interconnected components and the approach taken is that of component-to-system construction. It is believed that the framework is general enough to embrace many ‘ input-output’ models in oconomic literature. Specifically, specialization to a few selected models is demonstrated.Keywords
This publication has 2 references indexed in Scilit:
- General systems from network systems: a philosophy of modellingInternational Journal of Systems Science, 1971
- Competitive Valuation in a Dynamic Input-Output SystemEconometrica, 1959