Allocation Models and their Use in Economic Planning

Language: English

Published by Springer Netherlands, Springer Netherlands, 1971

9027701822 / 9789027701824

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Druck auf Anfrage Neuware - Printed after ordering - Three different lines of approach have contributed to the theory of optimal planning. One approach considers the problem from the view-point of a national government and its adviser, the econometrician planning speci alist. The government can, if this is thought to be desirable, stimulate investment in certain directions and discourage other economic activities. By various fiscal devices, it can influence both the total level and the distribution of investment funds over different sectors of production. Also, in many countries, a public agency plays some kind of coordinat ing role in the formulation of long-term plans for output by the enter prises sector; this may range from administrative direction in so-called centrally planned economies, to persuasion and advice in 'capitalist' economies. Accordingly, the public planner wishes to know what dis tribution of the nation's resources would be 'optimal'. This leads to the construction of various models which may be described under the general heading 'input-output type models'. This type of model has been largely developed by practitioners, among whom Sandee [B2] is probably the most outstanding and the earliest. A later, well-developed example of a model based on this approach is, for example, the Czech model by Cerny et al. [Bl]. A second approach considers the problem from the point of view of the private entrepreneur and his adviser, the manager and financial accountant.

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Title
Allocation Models and their Use in Economic Planning
Author
Aaart R. Heesterman
Publisher
Springer Netherlands, Springer Netherlands
Publication year
1971
Condition
Neu
Binding
Buch
Language
English
ISBN 10
9027701822
ISBN 13
9789027701824
Item weight
503 grams
Dimensions
241x160x17 mm

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