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Economic resources’ allocation: A goal programming model integrated with a social accounting matrix

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Abstract

Countries generally aim to attain several different or sometimes contrary goals. To this end, a Goal Programming (GP) model integrated with an Input–Output (I-O) one was implemented in a number of previous studies. This paper attempts to integrate a GP with a Social Accounting Matrix (SAM) framework to allocate economic resources of an economy among alternative sectors in order to achieve a number of goals. To do so, although the goals and limitations of regions are determined with respect to their situations, the supply and demand for products of economic sectors, as well as Gross Regional Products (GRP); employment for different educational groups of human forces; and income distribution inequality in addition to the personal income mean are formulated as the first to third goals of the research, respectively. The model has been examined by using the SAM Table for the Golestan Province of Iran. The result of implementing the model demonstrates that integrating SAM instead of I-O with GP will increase the capability of the integrated model.

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The Excel and Maple software were employed in this manuscript.

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I did not receive any fund for this manuscript. Hence, this manuscript was not supported by anyone.

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I am the only author of this manuscript.

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Correspondence to Nooraddin Sharify.

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I myself prepared this manuscript alone. Hence, there is no Conflicts of interest.

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The Social Accounting Matrix of Golestan Province of Iran was employed as database of this manuscript.

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This article does not contain any studies with human participants performed by any of the authors.

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Sharify, N. Economic resources’ allocation: A goal programming model integrated with a social accounting matrix. Soft Comput 25, 8197–8204 (2021). https://doi.org/10.1007/s00500-021-05746-w

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  • DOI: https://doi.org/10.1007/s00500-021-05746-w

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