Notice of RetractionOptimal allocation of public investment and objectives of the government

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Public investment is important for the government to achieve macroeconomic targets. The spatial optimal design of public investment can be genetic algorithm (GA) based. The basic public investment model with income maximization objective was established by reconstructing optimal economic growth model to resolve spatial fund distribution problem. The objective function and constraints were handled on basis of GA. Binary string method was applied to design encoding and decoding approach. Case study shows the validity of the basic public investment model and the GA-based solution. Table analysis describes how the weights of different regions and sectors affect the income maximization objective. It is verified that the model is able to provide reliable reference for governmental economic decision.