Title :
Research on the model of counterpart fund from local government for technology import
Author :
Fang, ZhiGeng ; Wu, Xin ; Liu, Sifeng ; Ruan, Aiqing ; Shi, Hongxing
Author_Institution :
Nanjing Univ. of Aeronaut. & Astronaut. (NUAA), Nanjing
Abstract :
For a long time, how to put optimal allocation of counterpart fund into new technology import according to its regional external effects, has received great attention from the manager and the experts on government management. On the base of Endogenous Growth Theory, a production function model of endogenous counterpart fund for technology import is built on this paper. Moreover, taking maximum production function as objective function, constraint conditions of resources, funds, capability of infrastructure and institution are discussed. And finally an example of project of optimal counterpart fund from local government of some region is given and it proves the effect of the model.
Keywords :
local government; public finance; endogenous economic growth theory; government expenditure; local government management; optimal counterpart fund allocation; production function model; technology import; Economics; Industrial relations; Intelligent systems; Investments; Local government; Macroeconomics; Production systems; Public finance; Technological innovation; Technology management;
Conference_Titel :
Grey Systems and Intelligent Services, 2007. GSIS 2007. IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-1294-5
Electronic_ISBN :
978-1-4244-1294-5
DOI :
10.1109/GSIS.2007.4443513