La théorie de la base économique résidentielle « élargie » appliquée à deux économies régionales divergentes: la Polynésie françаise et la Nouvelle-Calédonie

Bernard Poirine

Mondes en développement, 2015, vol. n° 172, issue 4, 109-130

Abstract: The ratio of the ?extended? economic base proposed by Davezies is very close to that of Keynes?s multiplier of autonomous spending (if we include local public spending and external resources). The divergent development of external resources in New Caledonia and French Polynesia (exports of goods and services, net unilateral transfers, and direct foreign investment) allows us to explain their very different development over the period 2002?2010 (seven years over which a gap of 49 % opened up). However, the ratio of ?extended? base to external resources is not stable in the medium term, which renders its application for predictions beyond a limited short period problematic.

Keywords: French overseas departments and territories; Economic BaseTheory; regional economies; island economies; French Polynesia; NewCaledonia (search for similar items in EconPapers)
Date: 2015
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