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A Non-Linear Goal Programming Approach to Modeling Intraregional Economic Development

Author

Listed:
  • Ronald W. Spahr

    (University of Wyoming)

  • Richard F. Deckro

    (University of Wyoming)

Abstract

State and local economic planners historically have been plagued by the sensitivity of regional economics to exogenously determined economic forces. Economic changes may be caused by fluctuations in regional exports, federal government expenditures, and/or externally financed investments, among other factors. A major task of regional economic analysts, therefore, is to develop policies and plans that will reduce the effects and costs of exogenous shocks. The purpose of this paper is to demonstrate the usefulness of a polynomial goal programming model in establishing a benchmark industrial structure which could be used to guide planning and policy efforts.

Suggested Citation

  • Ronald W. Spahr & Richard F. Deckro, 1988. "A Non-Linear Goal Programming Approach to Modeling Intraregional Economic Development," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 10-18, Winter.
    • Handle: RePEc:rre:publsh:v18:y:1988:i:1:p:10-18
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    References listed on IDEAS

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    1. James S. Dyer, 1972. "Interactive Goal Programming," Management Science, INFORMS, vol. 19(1), pages 62-70, September.
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    Cited by:

    1. Niles C. Schoening & Larry E. Sweeney, 1992. "Proactive Industrial Development Strategies And Portfolio Analysis," The Review of Regional Studies, Southern Regional Science Association, vol. 22(3), pages 227-238, Winter.
    2. Fritz, Oliver, 1999. "Optimal Management of a Regional Income and Pollution Portfolio," ERSA conference papers ersa99pa187, European Regional Science Association.
    3. Niles C. Schoening & Larry Sweeney, 1989. "Applying an Industrial Diversification Decision Model to Small Regions," The Review of Regional Studies, Southern Regional Science Association, vol. 19(3), pages 14-17, Fall.

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