Social accounting matrices (SAM) are a numerical scheme of the circular flow. The SAM-based multipliers can be used to determine the changes in the relative income of the economic agents. In this paper we investigate the process of income distribution in the Catalan Economy, using the linear...

This paper analyses the consequences for growth during the transitional period of considering the learning-by-doing process proposed by Arrow (1962) as internal, instead of as an externality. To do this, it develops a simple endogenous growth model with human capital accumulation through...

Llop M. and Manresa A. (2007) Analysis of linear multipliers in an open regional economy, Regional Studies 41, 421-428. Since Round's pioneering contribution in 1985, the conventional approach for analysing the interdependences between economic systems involves multi-regional or multi-country...

Can international trade act as the sole engine of growth for an economy? If yes, what are the mechanisms through which trade operates in transmitting permanent growth? This paper answers these questions with two simple two-country models, in which only one country enjoys sustained growth in...