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The main objective of this paper is to determine how prices may change when some components of the cost structure concerning activity branches are modified. In doing so, an input-output price model is implemented to analyse the regional economy of Extremadura. This methodology allows us to...
Persistent link: https://www.econbiz.de/10005063174
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
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...
Persistent link: https://www.econbiz.de/10005187566