Journal article
A Model to Study Revenue Sharing and Account for Regionalized Economic Activity and Social Goals
Management science, Vol.19(10), pp.1189-1208
06/01/1973
DOI: 10.1287/mnsc.19.10.1189
Abstract
The objective of this paper is to provide a model to deal with multi-dimensional social goals on a regionalized (as well as national) basis and to relate these to each other in the context of a national economic system. Input-Output (Interindustry) Analysis is therefore regionalized and reformulated in a way that connects it to national economic policy variables in a Keynsian framework. Possible multiple objectives and controls are examined and their possible further developments are also sketched in a context of regionalized and social goals that differ from region to region and also from time to time. Various proposals for revenue sharing are exhibited and interpreted in the light of the possibilities this model admits. Special attention is given to the Nixon (President Nixon) and ACIR (Advisory Commission on Intergovernmental Relations) plans in contrast to a multi-goal dynamic and adaptive control-incentive scheme with “saturating” indices of goal attainment. The latter, suggested at the end of this paper, is designed so that it can permit variation between regions while maintaining minimum levels of comparable attainment on goals that are common to more than one region.
Details
- Title: Subtitle
- A Model to Study Revenue Sharing and Account for Regionalized Economic Activity and Social Goals
- Creators
- A. Charnes - University of Texas, Center for Cybernetic StudiesC. Colantoni - Carnegie Mellon UniversityW. W. Cooper - Carnegie Mellon UniversityK. O. Kortanek - Carnegie Mellon University
- Resource Type
- Journal article
- Publication Details
- Management science, Vol.19(10), pp.1189-1208
- DOI
- 10.1287/mnsc.19.10.1189
- ISSN
- 0025-1909
- eISSN
- 1526-5501
- Number of pages
- 20
- Language
- English
- Date published
- 06/01/1973
- Academic Unit
- Business Analytics
- Record Identifier
- 9984963218402771
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