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this post was submitted on 29 Mar 2025
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chapotraphouse
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correct
correct
I was under the impression that since matlab's "rand" generates values between 0 and 1, all of the technical matrices should be automatically productive, but you are correct. I should add explicit checks
yes
I normalise the net product so that different economies are more comparable to one another. I am interested in the ratio of output between 2 industries, and not the scale of overall production
I normalise the gross labor use because that variable should actually be "share of workforce employed". The name is a relic from my previous attempt at the code where I had tried to incorporate the population into the sim. I seem to have forgotten to change the name.
Matlab's elementwise multiplication is not a dot product