Optimization Models for Planning Economic Development.
Abstract
In recent years, more and more countries have experimented with quantitative methods as a way to design short term and long term plans, and to evaluate the impacts of investment and other policies on the future development of their economies. Optimization models have proved useful in several fields of economics, such as economic growth and development planning, urban and regional economics, agricultural and energy economics, etc. The purpose of this paper is to formulate optimization models that can be applied fruitfully for economy-wide planning, sectoral planning, and project evaluation. It is an attempt at synthesizing the different models encountered in the literature, and at describing some of the difficulties inherent to this approach. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1977
- Accession Number
- ADA039165
Entities
People
- Silvia Pariente
Organizations
- Massachusetts Institute of Technology