Uncovering the Factors behind Comparative Regional Economic Performance: A Dynamic CGE Approach
James Giesecke and
John Madden ()
Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre
Recently a new method has emerged for uncovering the factors driving regional disparities in growth performance. The method involves historical analysis with a multiregional computable general equilibrium model. This paper has three main aims. The first is to demonstrate the capacity of the CGE historical technique to decompose the causes of regional divergence into clearly-specified economic factors. The second is to provide a generic miniature model that can be used as a template for adapting any multiregional CGE model to give it the capacity for undertaking historical analysis. The third is to demonstrate that this same miniature model can be used to explain the regional results in terms of the major model mechanisms behind them.
Keywords: Computable general equilibrium; Regional growth; Regional divergence; Multi-regional historical analysis (search for similar items in EconPapers)
JEL-codes: D58 R13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cmp and nep-geo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Published in Regional Studies, Vol. 44(10), December 2010, pp. 1329-1349.
Downloads: (external link)
https://www.copsmodels.com/ftp/workpapr/g-165.pdf Initial version, 2006-12 (application/pdf)
https://www.copsmodels.com/elecpapr/g-165.htm Local abstract: may link to additional material. (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cop:wpaper:g-165
Access Statistics for this paper
More papers in Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre Contact information at EDIRC.
Bibliographic data for series maintained by Mark Horridge ().