Evaluation of intersectoral investment allocation in India, 1951-1970; An application of stochastic optimal control by pseudo-inverse
作者:
DIPAKR. BASU,
ALEXIS LAZARIDIS,
期刊:
International Journal of Systems Science
(Taylor Available online 1980)
卷期:
Volume 11,
issue 7
页码: 889-906
ISSN:0020-7721
年代: 1980
DOI:10.1080/00207728008967062
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
In thia paper the plan of allocating total investment between the agricultural and the industrial sectors in India is analysed in the framework of an optimal control system. A method of optimal control using the generalized (pseudo) inverse is proposed. The result shows that the optimal allocation paths do not support the idea of putting more emphasis on the agricultural sector in the beginning of the development process.
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