Elaboration of balance-optimization in economic and mathematical model of development of a large municipal unit: Real experience

Alexander S. Novoselov, Alexey E. Kovalev, Egor A. Gaiduk, Gagik M. Mkrtchyan

Research output: Contribution to journalArticlepeer-review

Abstract

The objective of the study is to develop a balance-optimizing economic and mathematical model which enables predicting steady and sustainable development of a large municipal unit. Using the method of dynamic programming introduced by Richard Bellman, the authors worked out the economic and mathematical model for optimizing the key indicators of soсial and economic development of a municipal unit. The model used and predicted indicators included in the list of the key performance indicators of municipal unit authorities. There is an analysis of the results of applying the model for a large municipal unit - Novosibirsk. The calculations made by the authors indicate that the model may work with actual economic information and may be used for predicting and making managerial decisions at a municipal level.

The research was done with the plan of research work of IEIE SB RAS for the project XI.173.1.2 “Strategic management of regional and municipal development: concept and principles of implementation” No. АААА-А17-117022250118-6.

Translated title of the contributionОпыт разработки балансово-оптимизационной модели развития крупного муниципального образования
Original languageEnglish
Pages (from-to)2258-2276
Number of pages19
JournalJournal of Siberian Federal University - Humanities and Social Sciences
Volume12
Issue number12
DOIs
Publication statusPublished - 1 Dec 2019
Externally publishedYes

OECD FOS+WOS

  • 5.04 SOCIOLOGY

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