Using Mathematical Programming Model to Investigate the More Production of Various Sectors of Iran Economy

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KHODABAKHSHI M.; Cheraghali z.

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Journal Paper

Paper Information

Journal: Journal of Operational Research in its Applications Year:2021 | Volume:18 | Issue:2 (69) Page(s): 75-89

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Title

Using Mathematical Programming Model to Investigate the More Production of Various Sectors of Iran Economy

Author(s)

KHODABAKHSHI M. | Cheraghali z. | Issue Writer Certificate

Keywords

Development PlanningQ1

Mathematical ProgrammingQ1

EfficiencyQ2

Cobb-Douglas FunctionQ1

Economic Growth of IranQ1

Abstract

Planning can be defined as a set of coordinated, coherent, and feasible activities to achieve specific and predetermined goals over a given time frame and based on available facilities. Implementation of economic Development Planning models is very important, according to prevailing conditions in society and the constraints in society. One of the models used in economic Development Planning is the mathematical planning model. In this article, we use a Mathematical Programming optimization model and we run it for real Iranian data over the period 2008-2012. Value added is defined by the Cobb-Douglas model, and the results of the model report labor force share, capital share and total factor productivity of the factors of production. According to the model results, if the Iranian economy could achieve higher value added, then Iran's economic growth in 2012 would have changed from-6. 6% to 3. 1%. Based on the results, the Efficiency score of each section has calculated and we rank the sections based on their Efficiency score.

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APA: Copy

KHODABAKHSHI, M., & Cheraghali, z.. (2021). Using Mathematical Programming Model to Investigate the More Production of Various Sectors of Iran Economy. JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS), 18(2 (69) ), 75-89. SID. https://sid.ir/paper/411870/en

Vancouver: Copy

KHODABAKHSHI M., Cheraghali z.. Using Mathematical Programming Model to Investigate the More Production of Various Sectors of Iran Economy. JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS)[Internet]. 2021;18(2 (69) ):75-89. Available from: https://sid.ir/paper/411870/en

IEEE: Copy

M. KHODABAKHSHI, and z. Cheraghali, “Using Mathematical Programming Model to Investigate the More Production of Various Sectors of Iran Economy,” JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS), vol. 18, no. 2 (69) , pp. 75–89, 2021, [Online]. Available: https://sid.ir/paper/411870/en

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