Annals of Operations Research

, Volume 2, Issue 1, pp 329–334 | Cite as

Initial basis for a national planning model

  • James A. Calloway
Article
  • 40 Downloads

Abstract

Analysis of pending national policy takes on greater importance each day to supply policy makers with much needed data on the overall economic effect such policies will have on total employment, income, output, tax revenues, and the general price level throughout the economy. This short paper examines the potential for integration of existing modeling technology into a meaningful national planning model to provide a sound set of economic indices leading to enhanced market efficiency and resource use. Initial efforts at integrated modeling and analysis are described, together with indications of their levels of success in replicating the existing economic environment. Emphasis is placed on determination of shadow prices in a growing economy and their incorporation into the systematic development of a national planning model.

Keywords and phrases

nation technology economics environment tradeoff's policy 

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Copyright information

© J. C. Baltzer A.G., Scientific Publishing Company 1984

Authors and Affiliations

  • James A. Calloway
    • 1
  1. 1.Department of Business, College of Administration and BusinessLouisiana Tech UniversityRustonUSA

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