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The Model Reference Adaptive System in the dynamic input-output model

  • Regional Analysis
  • Published:
Papers of the Regional Science Association

Abstract

In this paper we explore the use of the Model Reference Adaptive System (MRAS) in a dynamic socio-economic enviroment. We prove the existence of adaptation laws which ensure that the error equation in MRAS for a dynamic input-output model is asymptotically stable. The resulting theorems are appraised through some numerical simulations.

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Authors and Affiliations

  1. Department of Regional Planning Graduate School of Environmental Science, Hokkaido University, West 5, North 10, Kita-ku, 060, Sapporo, Japan

    Yuzuru Miyata & Etsuo Yamamura

Authors
  1. Yuzuru Miyata
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  2. Etsuo Yamamura
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Miyata, Y., Yamamura, E. The Model Reference Adaptive System in the dynamic input-output model. Papers of the Regional Science Association 68, 57–70 (1990). https://doi.org/10.1007/BF01933907

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