An aggregative model for municipal economic planning |
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Authors: | Sang M. Lee William R. Sevebeck |
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Affiliation: | (1) College of Business, Virginia Polytechnic Institute, Blacksburg, Virginia |
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Abstract: | The growth and increasing complexity of municipal governments have been phenomenal in recent years. Thus, economic planning of the municipality has become one of the most difficult administrative functions of local government officials. Yet economic systems analysis of cities has been generally neglected by economists and management scientists. This paper presents a methodology for the effective long-range economic planning of a municipal government. More specifically, it applies the goal programming model to design optimum aggregative model for municipal economic planning. |
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