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System Dynamics Model of Sustainable Development in the Region

Author

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  • Omarov Shakhin A.

    (Research Centre of Industrial Problems of Development of NAS of Ukraine)

Abstract

The paper presents the results of a study aimed at developing a system dynamics model of sustainable development in the region. It is proved that the management of sustainable development in the region should be based on a reasonable forecast of the future. However, under current conditions, with a high level of instability, there are many possible futures. Therefore it was concluded that the modeling of regional development is appropriate to use a scenario approach, engendering possible scenarios. The paper proposed the development of a simulation (system dynamic) model of the Kharkiv region, which includes the following basic block: \"Social services\", \"Budget\", \"Economy\", \"Investment\", \"Foreign Trade\", \"Innovation\" and \"Ecology\". The article describes the structure of the blocks and provides flow diagrams and cause-effect relationships in them.

Suggested Citation

  • Omarov Shakhin A., 2012. "System Dynamics Model of Sustainable Development in the Region," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 12, pages 353-360.
    • Handle: RePEc:idp:bizinf:y:2012:i:12:p:353_360
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