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A multiplier evaluation of primary factors supply–shocks in a regional economy

dc.contributor.authorCardenete M.A.
dc.contributor.authorLima M.C.
dc.contributor.authorSancho F.
dc.date.accessioned2020-09-02T22:14:12Z
dc.date.available2020-09-02T22:14:12Z
dc.date.issued2019
dc.identifier10.1111/pirs.12443
dc.identifier.citation98, 5, 2027-2045
dc.identifier.issn10568190
dc.identifier.urihttps://hdl.handle.net/20.500.12728/3916
dc.descriptionDemand-side multipliers have ruled within multisectorial models as the main indicators for policy effectiveness and key-sector determination both in linear interindustry analysis and in non-linear applied general equilibrium models. In this paper we shift the perspective to supply-side injections by studying the effects of marshalling additional primary factors (K, L) that give rise to a general resource reallocation. We obtain estimates of supply multipliers by numerically approximating the underlying and unobservable general equilibrium Jacobian matrix. These estimates provide complementary information to standard demand multipliers. We illustrate the methodology using an empirical general equilibrium model for the region of Andalusia, Spain. © 2019 The Author(s). Papers in Regional Science © 2019 RSAI
dc.language.isoen
dc.publisherBlackwell Publishing Ltd
dc.subjectapplied general equilibrium
dc.subjectSupply multipliers
dc.subjectsupply-side key sectors
dc.subjectdemand analysis
dc.subjectempirical analysis
dc.subjectgeneral equilibrium analysis
dc.subjectmatrix
dc.subjectpolicy approach
dc.subjectregional economy
dc.subjectsupply chain management
dc.subjectAndalucia
dc.subjectSpain
dc.titleA multiplier evaluation of primary factors supply–shocks in a regional economy
dc.typeArticle


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