LONG TERM EFFECTS OF FOREIGN TRADE LIBERALIZATION ON THE GOVERNMENT'S BUDGET STRUCTURE: OPTIMUM CONTROL & METHOD

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RADJABI M.

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Journal: ECONOMIC RESEARCH REVIEW Year:2005 | Volume:5 | Issue:2 Page(s): 131-160

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Title

LONG TERM EFFECTS OF FOREIGN TRADE LIBERALIZATION ON THE GOVERNMENT'S BUDGET STRUCTURE: OPTIMUM CONTROL & METHOD

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RADJABI M. | Issue Writer Certificate

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Abstract

In this paper, we attempt, by using the concept of dynamic changes of variables, to investigate the influences of establishing free trade conditions on the government's budget, which finally can be considered in the optimal control theory. To this end, first, the effects of choosing different trade strategies on economic Index including government budget, benefit and cost of improper strategies are reviewed.Then a macro economic model is proposed, which mostly relies on variables that play an important role to achieve the goal and is solved in a simultaneous system. In the next stage, the results of this system are used as a limitation of the optimal control theory, and final results are extracted through presenting different scenario's. Simultaneous use of fiscal and monetary instruments for controling and guidance of variables are an important and expected conclusion, so have been explained in detail.

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APA: Copy

RADJABI, M.. (2005). LONG TERM EFFECTS OF FOREIGN TRADE LIBERALIZATION ON THE GOVERNMENT'S BUDGET STRUCTURE: OPTIMUM CONTROL & METHOD. ECONOMIC RESEARCH REVIEW, 5(2), 131-160. SID. https://sid.ir/paper/67236/en

Vancouver: Copy

RADJABI M.. LONG TERM EFFECTS OF FOREIGN TRADE LIBERALIZATION ON THE GOVERNMENT'S BUDGET STRUCTURE: OPTIMUM CONTROL & METHOD. ECONOMIC RESEARCH REVIEW[Internet]. 2005;5(2):131-160. Available from: https://sid.ir/paper/67236/en

IEEE: Copy

M. RADJABI, “LONG TERM EFFECTS OF FOREIGN TRADE LIBERALIZATION ON THE GOVERNMENT'S BUDGET STRUCTURE: OPTIMUM CONTROL & METHOD,” ECONOMIC RESEARCH REVIEW, vol. 5, no. 2, pp. 131–160, 2005, [Online]. Available: https://sid.ir/paper/67236/en

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