Optimization in provision of regional programs of development under narrow budgetary financing
N.M. Zubarev,
A.F. Shupletsov and
S.A. Bragin
Journal "Region: Economics and Sociology", 2005, vol. 4
Abstract:
It is shown that optimization in financing the earmarked programs of industrial development in the Irkutsk region, under narrow investments from the budget, makes it possible to estimate priority and effect of program measures. Due to uncertainty of initial conditions under which the regional economy is functioning, underestimation of the economic and social values of the outcomes takes place at the time of the development of programs. In order to deal with such problems it is suggested that option agreements between the bodies of state government and industrial corporations be used. The field of practical use of the suggested methods includes the activity of regional authorities and of the management of corporations.
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2005-4_5
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