Study on the Macroeconomic Policy Innovation Based on Duality Theory

The macroeconomic policy innovation is discussed based on duality theory. The output model and the resource consumption model of an open national economy system are designed according to OR. The latter is strictly proved the dual model of the former. The results show that the government's macroeconomic policy variables are respectively the tax rate, the exchange rate, the tariff rate and the interest rate, the wage rate corresponding to some constraint conditions in product markets and factor markets, and the output maximization and the resource consumption minimization can be reached at the same time. The new analysis framework on the macroeconomic policy is summarized and the problems being further studied are pointed Out.