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Regional Allocation of Investment

  • Stilianos Alexiadis
Chapter
  • 339 Downloads

Abstract

Economic theory can be conceived as a logical development of a closely related set of ideas. Using logical deductions, this chapter outlines a decision-making method applicable to the problem of regional allocation of investment, based on the principles of Optimal Control Theory. This chapter presents an in-depth analysis of the process by which optimisation techniques can be used to derive allocation/regional policies. Essentially this chapter provides a conceptual base for regional policy.

Keywords

Optimal control Regional allocation of investment Optimal policies Constraints Allocation parameter Switching time 

JEL Classification

R10 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Stilianos Alexiadis
    • 1
  1. 1.Department of Strategic Planning of Rural Development, Evaluation & DocumentationGreek Ministry of Rural Development and FoodAthensGreece

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