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A Consistency Model of Regional Growth


     

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Once the sectoral growth-rates of the economy are outlined by the Central Planning Authorities, the problem that follows is how to break them up for the different regions. Such problems can be tackled both in a consistent framework and in an optimization scheme. We propose to construct a consistency model only. We include in it both inter-sectoral consistency and inter-regional consistency.
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  • A Consistency Model of Regional Growth

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Abstract


Once the sectoral growth-rates of the economy are outlined by the Central Planning Authorities, the problem that follows is how to break them up for the different regions. Such problems can be tackled both in a consistent framework and in an optimization scheme. We propose to construct a consistency model only. We include in it both inter-sectoral consistency and inter-regional consistency.


DOI: https://doi.org/10.21648/arthavij%2F1969%2Fv11%2Fi1%2F116757