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by spott
948 days ago
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One way to think of this is that there are always multiple ways to break up the units when moving a system of equations into matrix form. What I’m trying to say is that there is always one way to break up the units that leads to matrices and vectors with a consistent unit. Transform vectors like you mentioned can have an implicit 1 with the right units in them in order to make the vector have a consistent unit. > Also most of economics consists of linear systems with non homogeneous units. The system of equations needs to have some sort of unit consistency. Which means there is some way to split up the units to keep the matrices and vectors with consistent units or the math doesn’t actually make sense. |
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In input-output analysis in economics, for example, the elements of a vector represent the amounts of a commodity (coal, steel, electricity, etc.), and the columns of the demand matrix represent how much of each commodity is required to produce one unit of that commodity as output. So the type of row 1 is "kg of coal", the type of row 2 is "kg of steel", the type of row 3 is "kJ of energy", etc. Given this matrix and a vector representing the starting quantities, you can do some linear algebra to get a matrix representing how much of each quantity to allocate to each sector, and a vector representing the resulting output. The type of these vectors are "[kg Coal, kg Steel, kJ electricity, ...]"
I don't now how you can "have an implicit 1 with the right units in them in order to make the vector have a consistent unit" given this setup.