A PRIMARY EXPLORATION ON THE SUPER-NETWORK MODEL OF ECONOMIC DEVELOPMENT UNDER THE RESTRICTION OF RESOURCES AND ENVIRONMENT

Authors

  • Li Die School of Economics, Wuhan University of Technology, Wuhan

DOI:

https://doi.org/10.23925/2179-3565.2020v11i1p68-81

Keywords:

Super-network. Economic development. Clustering analysis. Variational inequality. Equilibrium condition

Abstract

With the theory of super-network and the variational inequality method, this paper establishes a super-network model of economic development in three aspects, builds a new indicator system for measuring economic development, and calculates the equilibrium conditions for the balance of economic development. Firstly, the economic development is divided into three parts: economic growth, ecological environment optimization and scientific and technological progress. Respectively, with the set of measuring indicators in three aspects as a point of super-network and the link between these indicators as a super edge, thus a super-network model is established. Secondly, the hierarchical variable clustering analysis method is used to analyze the tightness of the links among the nodes in the super-network; and the objective function is established by using the partial measurement index, which simplifies the model. Finally, the variational inequality and projection iterative algorithm are used to calculate the equilibrium condition of the whole model. The main conclusions in this paper are as follows: (1) The indicators of economic development are interrelated with each other. (2) It can contribute to the balanced development of the economy in satisfied certain conditions. 

 

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Published

2020-07-14

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Section

Papers