A multicriteria approach to optimization of the gross domestic product

A multicriteria approach to optimization of the gross domestic product

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Article ID: iaor20042671
Country: Netherlands
Volume: 65
Issue: 2
Start Page Number: 337
End Page Number: 345
Publication Date: Feb 2004
Journal: Automation and Remote Control
Authors: ,
Keywords: government, programming: multiple criteria
Abstract:

A three-criteria linear model is suggested for maximization of the gross domestic product, minimization of the use of fuel-and-energy resources, and maximization of the foreign-trade balance for the analysis and choice of alternative versions of the development of the real sector of the national economy. Based on the model, calculations are carried out with the use of the information on Belarus over 1996–2000 period. Conclusions are made in accordance with the results of the performed investigations.

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