Análisis de multiplicadores lineales en una economía regional abierta

Maria Llop and Antonio Manresa

No E2003/21, Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces

Abstract: 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 decomposition of the multipliers that allows us to identify the feedback effects caused by the foreign sector. With this decomposition we can evaluate the contribution of the external relationships to the income creation inside the economy.

Keywords: linear multipliers; regional economy; foreign sector. (search for similar items in EconPapers)
JEL-codes: C63 D59 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2003
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cea:doctra:e2003_21

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