A Prototype Demo-Economic Model with an Application to Queensland

Jan Oosterhaven and John Dewhurst ()

International Regional Science Review, 1990, vol. 13, issue 1-2, 51-64

Abstract: Intensive, extensive, redistributive, and transitional types of income changes are consistently combined in a comparative static demo-economic interindustry model which theoretically covers all household consumption expenditures and which uses the vacancy-chain approach to model mobility at the labor market. The comparative static version developed for impact studies is applied to the state of Queensland. It is a truncated version of the general model which contains all the lagged endogenous variables needed to make projections for an entire economy. The application shows the vacancy-chain submodel to be especially relevant for immigration estimates.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:13:y:1990:i:1-2:p:51-64

DOI: 10.1177/016001769001300104

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