In the theory and practice of dynamic input - output modelling, the relative stability of the balanced-growth solution is a concept of particular interest. In fact, if the condition for the relative stability is satisfied, then the ratio between the balanced-growth output of each sector and the...

This paper is directed to the problem of evaluating the development role of freight transportation in a dynamic multiregional input - output model. Under realistic structures of the technological, trade, and capital matrices, conditions for the existence of a balanced growth solution are given....