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The objective of this paper is to extend the model of linear multipliers to represent the circular flow in an open economy. Specifically, we incorporate the links between the domestic economy and the foreign sector in the calculation of generalised multipliers. Additionally, we present a...
Persistent link: https://www.econbiz.de/10005157548
We compute demand and supply multipliers in order to compare them. These multipliers are computed by using a CGE model. The analysis is applied to two regional economies, Catalonia and Extremadura, so we can compare the results of both economies. We build a Computable General Equilibrium (CGE)...
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In economic literature, some information deficiencies and computational complexities have traditionally been solved through the aggregation of data. In input--output (IO) modelling, researchers have been interested in aggregation since the 1950s. Extending the conventional IO aggregation...
Persistent link: https://www.econbiz.de/10010761435
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...
Persistent link: https://www.econbiz.de/10008603640
<Para ID="Par1">The traditional literature to identify key sectors, based on an input–output demand-side approach, evaluates the impact on sectoral production of the exogenous inflows to activities. This approach has been the centre of an important debate, based on the lack of robustness of the results...</para>
Persistent link: https://www.econbiz.de/10011151175
This study deals with the economic effects of a firm's social security taxes in the Catalan economy, using an applied general equilibrium model. A novel aspect of the analysis is that it hypothesizes about the incidence of firm's contributions on both employers and employees. The results of a...
Persistent link: https://www.econbiz.de/10005435548
The aim of this paper is to compare the linear multipliers corresponding to the Social Accounting Matrix (SAM) framework. Specifically, the differences between two matrices of multipliers are divided into two separate components. The first one shows the differences in the structural...
Persistent link: https://www.econbiz.de/10005187547
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