A Multicriteria Approach to Optimization of the Gross Domestic Product |
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Authors: | M. K. Kravtsov A. V. Pashkevich |
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Affiliation: | (1) Research Economic Institute of Ministry of Economics, Minsk, Belarus |
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Abstract: | A three-criteria linear model is suggested for maximization of the gross domestic product (GDP), minimization of the use of fuel-and-energy resources, and maximization of the foreign-trade balance for the analysis and choice of alternative versions of the development of the real sector of the national economy. Based on the model, calculations are carried out with the use of the information on Belarus over the 1996–2000 period. Conclusions are made in accordance with the results of the performed investigations. |
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