where i'Xi = t is the total system (gross) output and i'y is the system’s final demand flow
(with y representing the vector of sectoral final demands).
The Cycling Index (M9 - CYCI) is:
CYCI = b
t
(9)
where: b = ∑ (1--)Xj is the sum of the cycling flows, lii are the main diagonal elements of
j l jj
the Leontief inverse matrix and t was defined above.
A recent measure of input-output connectedness that can be used as an indicator of
economic complexity is the Average Path Length (unweighted or weighted) proposed in
Dietzenbacher et al. (2005) and Dietzenbacher and Romero (2007).
This measure is based on matrices L = (I-A)-1 and H, with H being defined as:
H=1×A+2×A2+3×A3+...
Dietzenbacher and Romero (2007) show that:
H = L(L - I)
More intriguing information
1. The name is absent2. Globalization, Redistribution, and the Composition of Public Education Expenditures
3. National urban policy responses in the European Union: Towards a European urban policy?
4. The name is absent
5. Co-ordinating European sectoral policies against the background of European Spatial Development
6. The name is absent
7. The name is absent
8. The name is absent
9. Conflict and Uncertainty: A Dynamic Approach
10. Valuing Access to our Public Lands: A Unique Public Good Pricing Experiment