Resource-Constrained Export-Base Regional Multipliers: A Northian Approach
This paper attempts to rescue the regional export-base growth model from a purely demand-side interpretation. It formally develops the classic Northian approach, where the exploitation of region-specific resources by export-orientated production sectors determines regional growth. In this model, the nature of the regional expansion is shown to be stimulus-specific with the value of the marginal export-base multiplier varying within very wide limits, depending upon key characteristics of the region and the nature of the supply-side shock to the export base. Copyright Blackwell Publishers, 2005
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Volume (Year): 45 (2005)
Issue (Month): 1 ()
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