SHS Web Conf.
Volume 55, 2018International Conference on Advanced Studies in Social Sciences and Humanities in the Post-Soviet Era (ICPSE 2018)
|Number of page(s)||11|
|Section||Governance and Economics in Soviet and Post-Soviet Times|
|Published online||14 November 2018|
Simulation models of economic development: theoretical and methodological aspects
Federal Research Center the Southern Scientific Centre of the Russian Academy of Sciences, 344006, 41 Chehova str., Rostov-on-Don, Russia
* Corresponding author: firstname.lastname@example.org
Regional socioeconomic development largely depends not only on objective factors (geographic position, natural resources, human potential) but also on subjective factors, in particular on the efficiency of actions taken by regional governing bodies to solve major problems of supporting economic growth and, therefore, personal income growth. The revision strategy for regional development is periodicity required on the strength of possible changes in the regional economy and the internal and external market situation. At present, simulation modelling is widely used in an effort to study regional processes. A simulation model built on the principles of systems dynamics is presented in this paper. In the next stage, a decision support system for the management of regional sustainable development was engineered.
© The Authors, published by EDP Sciences, 2018
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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