 Regional economic growth by policy-induced capital flows: II. Policy simulation resultsThe Annals of Regional Science, 1995, vol. 29, issue 3, 255-276 Abstract: This second part of the paper refers to a model, described in Part I, that has been designed to analyze alternative allocation strategies of regional economic growth policy: "movement of the workers to the jobs" (passive factor stocks adjustment) or "jobs to the workers" (active factor stocks adjustment). After concentrating on the main properties of the model structure, the references of the parameters and initial values to empirical data are discussed. Model results derived on the basis of parameters representative for the case of passive adjustment policy are studied, also extensively taking account of the impacts of parameter variations. Then follows the analysis of simulation results of active adjustment. The main purpose of all calculations is to demonstrate that the model is able to generate reasonable and consistent policy effects. Moreover, with respect to the model and its parameters this paper attempts to contribute to finding a solid standpoint as to the preconditions of a successful active regional economic policy. Date: 1995 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:anresc:v:29:y:1995:i:3:p:255-276 Ordering information: This journal article can be ordered from Access Statistics for this article The Annals of Regional Science is currently edited by Martin Andersson, E. Kim and Janet E. Kohlhase More articles in The Annals of Regional Science from Springer, Western Regional Science Association Contact information at EDIRC. |
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