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The Neoclassical Economic Base Multiplier

Journal of Regional Science, 2000
In this paper we derive an analytical expression for the regional neoclassical economic base marginal employment multiplier. The model that we adopt is a variant of the 1‐2‐3 general equilibrium model used in trade analysis. Its specific neoclassical characteristics are that laborsupply is a positive function of the real consumption wage and that ...
McGregor, P.G.   +3 more
openaire   +3 more sources

Neoclassical economics

2023
Bo Sandelin, Hans-Michael Trautwein
  +4 more sources

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