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Estimating the impacts of regional business assistance programs: alternative closures in a computable general equilibrium model

Rickman, Dan S.

Abstract Multipliers derived from regional Keynesian models are often used to justify regional business assistance programs. Econometric evidence on the efficacy of such programs is inconclusive. A regional, computable, general equilibrium model of key agricultural and energy-producing states was implemented to study the sensitivity of predicted impacts of regional business assistance programs to alternative model closures. The closures fall into two broad categories: Keynesian and neoclassical. The model also improves upon current methods used to evaluate regional business assistance programs.

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Estimating the impacts of regional business assistance programs: alternative closures in a computable general equilibrium model

Rickman, Dan S.

Abstract Multipliers derived from regional Keynesian models are often used to justify regional business assistance programs. Econometric evidence on the efficacy of such programs is inconclusive. A regional, computable, general equilibrium model of key agricultural and energy-producing states was implemented to study the sensitivity of predicted impacts of regional business assistance programs to alternative model closures. The closures fall into two broad categories: Keynesian and neoclassical. The model also improves upon current methods used to evaluate regional business assistance programs.

Estimating the impacts of regional business assistance programs: alternative closures in a computable general equilibrium model

Rickman, Dan S.

Abstract Multipliers derived from regional Keynesian models are often used to justify regional business assistance programs. Econometric evidence on the efficacy of such programs is inconclusive. A regional, computable, general equilibrium model of key agricultural and energy-producing states was implemented to study the sensitivity of predicted impacts of regional business assistance programs to alternative model closures. The closures fall into two broad categories: Keynesian and neoclassical. The model also improves upon current methods used to evaluate regional business assistance programs.

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Title:

Estimating the impacts of regional business assistance programs: alternative closures in a computable general equilibrium model

Contributors:

Rickman, Dan S. (author)

Published in:

Papers in Regional Science ; 71

Publication date:

1992

ISSN:

DOI:

https://doi.org/10.1007/BF01434466

Type of media:

Article (Journal)

Type of material:

Print

Language:

English

Keywords:

Regionalökonomik , Regionalforschung , Theorie , Regionalwissenschaft

Classification:

BKL: 74.12 Stadtgeographie, Siedlungsgeographie

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