Parametric control of national economy's growth based on regional computable general equilibrium model

Abstract

Application efficiency of the proposed method of parametric identification for large mathematical models in case of regional non-autonomous computable general equilibrium model (CGE model) is illustrated in the paper. The problem of control of discrete non-autonomous dynamic system is formulated. Theorems about sufficient conditions for its solution and continuous dependence of corresponding optimal values of criterion on uncontrollable functions are presented. Based on the model we conduct analysis of economic growth sources and application efficiency of parametric control theory for conducting state economic policy, directed to economic growth and reduction of disproportion in regional economic development. © 2014 Springer Science+Business Media Dordrecht.