Journal of Mathematics, Statistics, and Applications
Vol. 3 No. 1 (2026): Mei

Penerapan Teorema Titik Tetap Banach pada Sistem Persamaan Linear dalam Model Input-Output Leontief

Syamsuddin Mas'ud (State University of Makassar)



Article Info

Publish Date
30 May 2026

Abstract

This study applies the Banach fixed point theorem to the 2-sector Leontief input-output model using Picard iteration. The results show that the iteration converges to the exact solution (95,65) after 15 iterations with an error of less than 0,003 and an error ratio stabilizing around 0,5. This convergence rate is faster than the theoretical upper bound of 0,6, indicating that the method works efficiently. These findings complement previous theoretical studies with a complete numerical demonstration.

Copyrights © 2026






Journal Info

Abbrev

LJMSA

Publisher

Subject

Mathematics

Description

Journal of Mathematics, Statistics, and Applications process of peer review and open access with e-ISSN: 3089-7076 published twice a year in June and December in the field of Mathematics, Statistics and Applications.Publish the results of research, original thinking, development, teaching, popular ...