Imperfect Competition in Regional Labour Markets: A Computable General Equilibrium Analysis

F Harrlgan, Peter McGregor, John Swales () and N Dourmashkin
Additional contact information
F Harrlgan: Department of Economics, University of Western Australia, Nedlands, Perth, Western Australia 6009

Environment and Planning A, 1992, vol. 24, issue 10, 1463-1481

Abstract: The system-wide impacts of imperfect competition in the regional labour market are examined by means of a macro-micro simulation model (AMOS) parameterised on Scottish data. A number of theories of the operation of the regional labour market are reviewed and it is indicated how these can be operationalised within AMOS through the adoption of different labour-market closures. Two sets of simulations are performed. The first involves nominal and real wage shocks to the regional economy. In the second, a demand disturbance is introduced under various labour-market closures. The sensitivity of the results to assumptions concerning the openness of the regional economy and the flexibility of the production technology is also discussed.

Date: 1992
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/a241463 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:24:y:1992:i:10:p:1463-1481

DOI: 10.1068/a241463

Access Statistics for this article

More articles in Environment and Planning A
Bibliographic data for series maintained by SAGE Publications ().