Optimal Development Policy in an Open Regional Economy: A Programming Analysis*

Regional Development Analysis and Policy*

“…Regionally specific production advantages also could arise in production of goods for local consumption vis-a-vis imports, and likely would be even more pervasive there than in the export sector. In fact, in equilibrium most regional economies would have more of their production in nonbasic than in basic employment, especially as the population scale of the region grew, providing more opportunity for realizing scale economies in the nonbasic sector [Golladay and Sandoval (1972)…”

Sufficient Conditions for Aggregation of Linear Programming Models

“…ly demonstrated their relentless interest for using linear programming models to analvze the economic process of a sector, a region, or an entire economy [6,8,15]. The literature on the subject has assumed further momentum in recent years with the application of such models to developing economies [1,7,9].…”