Simulating the Impact of Sectorial Productivity Gains on Two Regional Economies: Key Sectors from a Supply Side Perspective
AbstractIn this paper we simulate and analyse the economic impact that sectorial productivity gains have on two regional Spanish economies (Catalonia and Extremadura). In particular we study the quantitative effect that each sectorâ€™s productivity gain has on household welfare (real disposable income and equivalent variation), on the consumption price indices and factor relative prices, on real production (GDP) and on the governmentâ€™s net income (net taxation revenues of social transfers to households). The analytical approach consists of a computable general equilibrium model, in which we assume perfect competition and cleared markets, including factor markets. All the parameters and exogenous variables of the model are calibrated by means of two social accounting matrices, one for each region under study. The results allow us to identify those sectors with the greatest impact on consumer welfare as the key sectors in the regional economies. Keywords: Productivity gains, key sectors, computable general equilibrium
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Universitat Rovira i Virgili, Department of Economics in its series Working Papers with number 2072/169681.
Date of creation: 2011
Date of revision:
Productivitat (Economia); Catalunya -- Condicions econòmiques; Extremadura -- Condicions econòmiques; Sectors econòmics; 334 - Formes d'organització i cooperació en l'economia;
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dale Jorgenson & Mun Ho & Jon Samuels & Kevin Stiroh, 2007. "Industry Origins of the American Productivity Resurgence," Economic Systems Research, Taylor & Francis Journals, vol. 19(3), pages 229-252.
- Ana Salome Garcia Muniz & Antonio Morillas Raya & Carmen Ramos Carvajal, 2008.
"Key Sectors: A New Proposal from Network Theory,"
Taylor & Francis Journals, vol. 42(7), pages 1013-1030.
- Harvey Cutler & Stephen Davies, 2010. "The Economic Consequences of Productivity Changes: A Computable General Equilibrium (CGE) Analysis," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1415-1426.
- María Llop & Antonio Manresa & Francisco Javier de Miguel, 2002. "Comparación de Cataluña y Extremadura a través de matrices de contabilidad social," Investigaciones Economicas, Fundación SEPI, vol. 26(3), pages 573-587, September.
- Erik Dietzenbacher, 2005. "More on multipliers," Journal of Regional Science, Wiley Blackwell, vol. 45(2), pages 421-426.
- Francisco Javier De Miguel & Manuel Alejandro Cardenete & Jesús Pérez, 2006.
"Effects of the Tax on Retail Sales of Some Fuels on a regional economy: a computable general equilibrium approach,"
06.05, Universidad Pablo de Olavide, Department of Economics.
- Francisco Miguel-Vélez & Manuel Cardenete Flores & Jesús Pérez-Mayo, 2009. "Effects of the tax on retail sales of some fuels on a regional economy: a computable general equilibrium approach," The Annals of Regional Science, Springer, vol. 43(3), pages 781-806, September.
- Bart Los, 2001.
"Identification of Strategic Industries: A Dynamic Perspective,"
ERSA conference papers
ersa01p112, European Regional Science Association.
- Bart Los, 2004. "Identification of strategic industries: A dynamic perspective," Papers in Regional Science, Springer, vol. 83(4), pages 669-698, October.
- Bart Los, 2004. "Identification of strategic industries: A dynamic perspective," Economics of Governance, Springer, vol. 83(4), pages 669-698, October.
- Los, Bart, 2002. "Identification of strategic industries: a dynamic perspective," CCSO Working Papers 200202, University of Groningen, CCSO Centre for Economic Research.
- Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-73, December.
- M. Alejandro Cardenete & Ferran Sancho, 2006. "Missing links in key sector analysis," Economic Systems Research, Taylor & Francis Journals, vol. 18(3), pages 319-325.
- Oswald, Andrew J, 1982. "The Microeconomic Theory of the Trade Union," Economic Journal, Royal Economic Society, vol. 92(367), pages 576-95, September.
- M. Alejandro Cardenete and Ferran Sancho, 2010.
"The Role of Supply Constraints in Multiplier Analysis,"
432, Barcelona Graduate School of Economics.
- Manuel Alejandro Cardenete & Ferran Sancho, 2012. "The Role Of Supply Constraints In Multiplier Analysis," Economic Systems Research, Taylor & Francis Journals, vol. 24(1), pages 21-34, June.
- M. Alejandro Cardenete & Ferran Sancho, 2010. "The Role of Supply Constraints in Multiplier Analysis," UFAE and IAE Working Papers 805.10, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Maria Llop, 2012. "The role of saving and investment in a SAM price model," The Annals of Regional Science, Springer, vol. 48(1), pages 339-357, February.
- Mas Ivars Matilde & Robledo Domínguez Juan Carlos, 2010. "Productividad: una perspectiva internacional y sectorial," Books, Fundacion BBVA / BBVA Foundation, edition 0, number 2011100.
- Kenneth Hanson & Adam Rose, 1997. "Factor productivity and income inequality: a general equilibrium analysis," Applied Economics, Taylor & Francis Journals, vol. 29(8), pages 1061-1071.
- Miguel Vélez, Francisco Javier de & Llop Llop, Maria & Manresa, Antonio, 1954-, 2013. "Supply Multipliers in Two Regional Economies," Working Papers 2072/213636, Universitat Rovira i Virgili, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ariadna Casals).
If references are entirely missing, you can add them using this form.