Economics and Business
Quarterly Reviews
ISSN 2775-9237 (Online)
Published: 17 December 2018
The RAS Method with Random Fixed Points
Bui Trinh, Nguyen Viet Phong, Bui Quoc
Vietnam development research Institute, Vietnam GSO, Vietnam National University
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10.31014/aior.1992.01.04.57
Abstract
Today many economists believe that RAS is the initials of economist Richard Stone, who is also the father of the National Financial System (SNA). This idea was introduced to update and reconcile the total supply and total use vectors in the input output table (I.O.T), supply and use tables (S.U.T) and social account matrix (SAM). This article attempts to explain and devise new algorithms so that the user can easily feel the practical application with more variable customized assumptions based on the application of information technology to the processing of the algorithm. This article appears to be a continuation of the article "A Short Note on RAS Method" at Advances in Management and Applied Economics (2013) vol.6, Issue 4.
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