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(Article of periodic en Anglais - 2014)

Document title

Sectoral productivity gains in two regional economies : key sectors from a supply-side perspective

Authors(s) and Affiliation(s)

DE MIGUEL F.J. (1) ; LLOP M. (2) ; MANRESA A. (3) ;
(1) Departamento de Economía, Facultad de Ciencias Económicas y Empresariales, Univ. de Extremadura, Badajoz, ESPAGNE
(2) Department d’Economia, CREIP, Facultad d’Economia i Empresa, Univ. Rovira i Virgili, Reus, ESPAGNE
(3) Departamento de Teoría Económica, Facultad de Economía y Empresa, Univ., Barcelona, ESPAGNE

Abstract

This paper proposes a novel method to analyse the key sectors of an economy that differs from the traditional approach in two aspects. First, it uses a supply-side approach comprising exogenous increases in sectoral productivity. Second, it uses a computable general equilibrium model that captures the complete relations between the economic agents and their optimisation behaviour. The computable general equilibrium model, which assumes perfect competition and cleared markets of goods and factors, allows to identify those sectors with the greatest impact on consumer’s welfare, which will be considered the key sectors of the economy. In particular, it applies this method to detect key sectors in two regional Spanish economies (Catalonia and Extremadura)

Source

Article of periodic

published at : The Annals of regional science / ISSN 0570-1864

Editor : Springer, Berlin - ALLEMAGNE (1967)

Millesime : 2014, vol. 53, no3 [pp. 731-744]

Bibliographic references : 26 ref.

Collation : fig., tabl., cartes

Language

Anglais

Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1007/s00168-014-0641-1

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
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