[OPE-L:4301] Re: variable capital and time

aramos@aramos.b (aramos@aramos.bo)
Fri, 7 Mar 1997 08:25:20 -0800 (PST)

[ show plain text ]

In ope-l 4256 Iwao K. wrote:

> In modelling multiple sectors, we cannot assume
> the same production period for each sectors at least,
> and probably would better assume different entry
> time for each input goods.

> In general for j-th sector, TSSers get:
>
> Vj[t1]=SIGMA(Aij*Pi[t0+ti])+Lj[t0,t1]
>
> Vj : value produced in j-th sector
> Aij : input/output coefficient
> Pi : price of input from i-th sector
> Lj : value of labor used in j-th sector
>
> t0j : begin of production period of j-th sector
> t1j : end of production period of j-th sector
> tij : entry time from i-th sector

Dear Iwao:

I find your notation a little bit involving (I am no precisely an
expert in Math). Could you kindly --if you have some time-- to post
a simple arithmetical example?

Alejandro Ramos M.
7.3.97