Application of Simulation to Regional and Community Planning

Economic planning can assist policy makers in Simulation allows the introduction of many using available resources to improve the quality of life relationships which conventional optimizing models for rural and urban people. The objective of this may not. In this sense, simulation is a flexible paper is to illustrate how simulation can aid in technique for testing and evaluating a proposed regional and community planning. The paper will be system in a laboratory environment. Due to the presented in three main sections. First, economic complexity and interdependencies of the many planning and simulation will be defined. Second, relationships in a system, it takes an analytical tool as empirical results of a regional simulation study will be simulation to identify and quantify the many presented. Third, empirical results of multi-county interrelationships of variables in a system. and community simulation studies will be discussed. EMPIRICAL RESULTS-REGIONAL ECONOMIC PLANNING AND SIMULATION EMPIRICALRESULTS-REGIONAL To illustrate how simulation can be used in Economic planning is defined as an organized, regional planning, empirical results from the intelligent attempt to select the best available Oklahoma model will be used. This model has been alternatives to achieve specific objectives. Regional, used to project economic variables and to estimate state, multi-county and local government leaders have impact parameters. The model was formulated their own interpretation of the elements involved in around the basic Leontief input-output system.l The economic planning. One element common to all complete multiple sector recursive model consists of governmental planning units is the process of 51 major equations. The 12 endogenous sectors determining the objectives 'to be achieved, evaluating c .. i. i included in the Oklahoma study were two agricultural the means for achieving them, and taking the s w i necesn to rh t dsird o ti. In sectors (livestock and livestock products, crops), four necessary action to reach the desired objectives. In manufacturing sectors (petroleum processing short, economic planning is involved with increasing p ' .. p . . ...... ~ „ agricultural processing, machinery and other the efficiency of resources in meeting socially desirable objectives. manufacturing), one mining sector, and five desirable objectives. Simulation is defined as the use of a model to service-type sectors (transportation, communication, and public utilities; real estate, finance and insurance; represent, overtime, essential characteristics of a system or process unr stuy 8 n s g up services; wholesale and retail trade; and construction.) system or process under study [8, p. 2]. In setting up the simulation framework, the system is given the initial conditions, parameters, and variables. The Projections of Economic Variables simulation model then generates values of certain Economic planning, to be effective, requires preselected variables. These values, in turn, are used economic projections. Sidney Sonenblum and Louis for the next time span and the model is rerun. Stein [10] emphasize the need as follows: