Sectoral productivity gains in two regional economies : key sectors from a supply-side perspective

Auteur(s) et Affiliation(s)

DE MIGUEL, F.J.

Departamento de Economía, Facultad de Ciencias Económicas y Empresariales, Univ. de Extremadura, Badajoz, Espagne

LLOP, M.

Department d’Economia, CREIP, Facultad d’Economia i Empresa, Univ. Rovira i Virgili, Reus, Espagne

MANRESA, A.

Departamento de Teoría Económica, Facultad de Economía y Empresa, Univ., Barcelona, Espagne

Description :
This paper proposes a novel method to analyse the key sectors of an economy that differs from the traditional approach in two aspects. First, it uses a supply-side approach comprising exogenous increases in sectoral productivity. Second, it uses a computable general equilibrium model that captures the complete relations between the economic agents and their optimisation behaviour. The computable general equilibrium model, which assumes perfect competition and cleared markets of goods and factors, allows to identify those sectors with the greatest impact on consumer’s welfare, which will be considered the key sectors of the economy. In particular, it applies this method to detect key sectors in two regional Spanish economies (Catalonia and Extremadura).

Type de document :
Article de périodique

Source :
The Annals of regional science, issn : 0570-1864, 2014, vol. 53, n°. 3, p. 731-744, nombre de pages : 14, Références bibliographiques : 26 ref.

Date :
2014

Editeur :
Pays édition : Allemagne, Berlin, Springer

Langue :
Anglais