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Stability and stabilization of economic dynamic input-output model

  • Lei Jiang
  • , Jianan Fang*
  • , Wuneng Zhou
  • , Hongqian Lu
  • , Da Zheng
  • *Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This paper researches the problems of stability and stabilization for the economic discrete-time singular dynamic input-output model. Linear matrix inequality approach is applied to directly study the economic singular dynamic input-output systems. Thus these economic models need not be converted into general systems by altered the state vector and control vector. A sufficient stability condition under which the discrete-time singular input-output model is admissible is proved with linear matrix inequality. Base on this, a new stabilization criterion is established by means of linear matrix inequality Then the formula of a desired state feedback controller is easily derived.

Original languageEnglish
Title of host publicationChinese Control and Decision Conference, 2008, CCDC 2008
Pages1147-1150
Number of pages4
DOIs
StatePublished - 2008
Externally publishedYes
EventChinese Control and Decision Conference 2008, CCDC 2008 - Yantai, Shandong, China
Duration: 2 Jul 20084 Jul 2008

Publication series

NameChinese Control and Decision Conference, 2008, CCDC 2008

Conference

ConferenceChinese Control and Decision Conference 2008, CCDC 2008
Country/TerritoryChina
CityYantai, Shandong
Period2/07/084/07/08

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

  • Discrete-time singular systems
  • Economic dynamical input-output model
  • Linear matrix inequality (LMI)

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