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We develop a novel linear equilibrium model with an Armington flavor. We provide (1) proof of the solvability of the model and of the existence and non-negativity of the equilibrium solution and of the newly derived multiplier matrix; we also show (2) that the standard Leontief multiplier matrix...
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The structure of demand plays a fundamental role in shaping economic equilibrium. In computable general equilibrium analysis, comparative statics allow us to simulate how policies or external adjustments impact the equilibrium state. The results of these simulations are significantly influenced...
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The goal of this paper is to compare a reduced version of a social accounting matrix (SAM) for Andalusia and Catalunya. Using available data for Regional Accounts, Input-output tables, etc., we provide a complete picture of flow among economic agents (four producers, one consumer, the Government...
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The economic downturn has strongly impacted the Spanish labour market, resulting in the shedding of labour with significant differences across regions. Among them, the region of Andalusia is one of the most striking cases. Since the beginning of the crisis, the regional economy exhibited more...
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Over the last 60 years, regional economic analysis has been interested in identifying common patterns and regularities of regional economic structure. The identification of such patterns suggests that there predictable relationships between different levels of structural regional development....
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The economic crisis has resulted in the shedding of labour characterised by significant differences across the Spanish regions, among which the case of Andalusia stands out. This paper aims to explain the events that occurred between 2005 and 2010, focusing on analysing the region's productive...
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