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Persistent link: https://www.econbiz.de/10008510698
This paper presents a price model of the Input-Output variety. This model computes the changes in the production costs and the prices of goods resulting from changes in the prices of primary factors and imports and changes in indirect taxes. It assumes that all such changes are transmitted in...
Persistent link: https://www.econbiz.de/10008510819
This paper uses the results of a poll held at Université Laval to illustrate the difficulty in aggregating individual preferences. In this poll, voters were asked to rank four candidates for a position of dean. The paper provides a brief survey of the literature on the theory of social choice,...
Persistent link: https://www.econbiz.de/10008510833
Persistent link: https://www.econbiz.de/10008510928
Persistent link: https://www.econbiz.de/10008511018
The author shows how, under certain conditions, results from the Quebec Input-Output model can be aggregated to obtain familiar components of the National Accounts and to derive income multipliers. These multipliers are also discussed and compared to other types of multipliers.
Persistent link: https://www.econbiz.de/10008511060