The topics related to the income distribution are specially interesting when we try to measure the social and economic impacts of a economic policy given decission. When a strategy of balanced development is tried to imply in a given country or region, inequality, poverty, unemployment, etc, not...

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...

The purpose of this paper is to contribute from a theoretical point of view to analyze the influence that trade between countries may have to enhance the growing possibilities of the world. We ask ourselves if it is possible to transmit from one country to another its sustained growth rate...

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...

Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure,...

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...