Hawkins–Simon condition

The Hawkins–Simon condition refers to a result in mathematical economics, attributed to David Hawkins and Herbert A. Simon, that guarantees the existence of a non-negative output vector that solves the equilibrium relation in the input–output model where demand equals supply. More precisely, it states a condition for under which the input–output system has a solution for any . Here is the identity matrix and is called the input–output matrix or Leontief matrix after Wassily Leontief, who empirically estimated it in the 1940s. Together, they describe a system in which

Hawkins–Simon condition

The Hawkins–Simon condition refers to a result in mathematical economics, attributed to David Hawkins and Herbert A. Simon, that guarantees the existence of a non-negative output vector that solves the equilibrium relation in the input–output model where demand equals supply. More precisely, it states a condition for under which the input–output system has a solution for any . Here is the identity matrix and is called the input–output matrix or Leontief matrix after Wassily Leontief, who empirically estimated it in the 1940s. Together, they describe a system in which