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A supply-side regional econometric model of Wales

Foreman-Peck, James S. ORCID: and Lungu, Laurian 2004. A supply-side regional econometric model of Wales. Presented at: EcoMod2004: International Conference on Policy Modeling, Paris, France, 30 June - 2 July, 2004.

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This time series econometric model of Wales adopts a Hecksher-Ohlin specification with mobile skilled labour and capital, together with immobile unskilled labour and land. The model is linear and distinguishes three employment and output sectors, manufacturing industry, with prices set on world markets, non-manufacturing private industry and a public sector. Policy simulation exercises evaluate the impact of changes in actual and potential regional policy variables.

Item Type: Conference or Workshop Item (Paper)
Date Type: Completion
Status: Unpublished
Schools: Business (Including Economics)
Subjects: H Social Sciences > HB Economic Theory
Uncontrolled Keywords: Regional Economic Modelling
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Last Modified: 21 Oct 2022 10:42

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