Transportaton and eect on economic growth based on optmal control theory

Author

Yushun Tan ; Senfa Chen ; Yuanyuan Zhang ; Jinliang Lu

Author_Institution

Inst. of Syst. Eng., Southeast Univ., Nanjing, China

fYear

2014

fDate

May 31 2014-June 2 2014

Firstpage

1289

Lastpage

1292

Abstract

In order to study the relationship between transportation and economic growth from the macro, in this paper the concepts of impact factor and conversion efficiency of transportation level are introduced. Based on the analysis of New-Classical Growth Theory, an economic growth model with transportation factors IS set up. Through analysis of the model the action mechanism and influence path of transportation on regional economic growth is revealed. And the results indicate that the positive equilibrium economic growth rate exists when impact factor transportation level satisfies certain condition. And economic growth is inversely related to impact factor of transportation level. This model has some practical values for transportation planning and the coordinated development of regional economic and transportation.

Keywords

economics; optimal control; transportation; coordinated development; economic growth; economic growth model; new classical growth theory; optimal control theory; positive equilibrium economic growth; regional economic; regional economic growth; regional transportation; transportation factors; transportation planning; Economics; economic growth rate; equilbrum; optimal control; tansporation level;

fLanguage

English

Publisher

ieee

Conference_Titel

Control and Decision Conference (2014 CCDC), The 26th Chinese

Conference_Location

Changsha

Print_ISBN

978-1-4799-3707-3

Type

conf

DOI

10.1109/CCDC.2014.6852365

Filename

6852365