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On the Model Study of Multiobjective Optimization for Regulating Regional Economy
Authors:LUO Zhi-hui
Abstract:Based on different equation of Cobb-Douglas production function, the model of regulating regional economy on the multiobjective optimization of efficiency and equity is set up, with the spatial distribution strategy of capital and labour force as the controlling variable. Two basic conclusions drawn from the model are strictly demonstrated: ① A country's economic development is decided by the consistency between the regional distributive strategy of increment investment and the regional difference in marginal investment revenue. ② The couple targets of efficiency and equity are strictly in conflict with each other, if and only if the marginal investment revenue in the developed regions is higher than in the undeveloped,otherwise the targets are consistent.
Keywords:regional economy  multiobjective  model
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