From: Dave Zachariah (davez@KTH.SE)
Date: Sun Dec 30 2007 - 05:59:21 EST
on 2007-12-29 19:56 glevy@PRATT.EDU wrote: > Hi Dave Z: > > Maybe we're talking about different things. Insofar as we're > talking > about the release and tying-up of constant capital is > concerned, > how would the seasonal variations in the prices of raw > materials > show up in I/O models? > To my knowledge I/O models do not predict price variations, but if you want a descriptive model of that then one could formalize it as discrete time varying vectors and matrices on, say, a monthly basis. //Dave Z
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