Abstract
| Language | English |
|---|---|
| Pages | 1463-1481 |
| Number of pages | 18 |
| Journal | Environment and Planning A |
| Volume | 24 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - Oct 1992 |
Fingerprint
Keywords
- imperfect competition
- general equilibrium-analysis
- macro -micro simulation model
- AMOS
Cite this
}
Imperfect competition in regional labor-markets - a computable general equilibrium-analysis. / Harrigan, F.; McGregor, P.G.; Swales, J.K.; Dourmashkin, N.
In: Environment and Planning A, Vol. 24, No. 10, 10.1992, p. 1463-1481.Research output: Contribution to journal › Article
TY - JOUR
T1 - Imperfect competition in regional labor-markets - a computable general equilibrium-analysis
AU - Harrigan, F.
AU - McGregor, P.G.
AU - Swales, J.K.
AU - Dourmashkin, N.
PY - 1992/10
Y1 - 1992/10
N2 - The system-wide impacts of imperfect competition in the regional labour market are examined by means of a macro - micro simulation model (AMOS) parameterised on Scottish data. A number of theories of the operation of the regional labour market are reviewed and it is indicated how these can be operationalised within AMOS through the adoption of different labour-market closures. Two sets of simulations are performed. The first involves nominal and real wage shocks to the regional economy. In the second, a demand disturbance is introduced under various labour-market closures. The sensitivity of the results to assumptions concerning the openness of the regional economy and the flexibility of the production technology is also discussed.
AB - The system-wide impacts of imperfect competition in the regional labour market are examined by means of a macro - micro simulation model (AMOS) parameterised on Scottish data. A number of theories of the operation of the regional labour market are reviewed and it is indicated how these can be operationalised within AMOS through the adoption of different labour-market closures. Two sets of simulations are performed. The first involves nominal and real wage shocks to the regional economy. In the second, a demand disturbance is introduced under various labour-market closures. The sensitivity of the results to assumptions concerning the openness of the regional economy and the flexibility of the production technology is also discussed.
KW - imperfect competition
KW - general equilibrium-analysis
KW - macro -micro simulation model
KW - AMOS
UR - http://dx.doi.org/10.1068/a241463
U2 - 10.1068/a241463
DO - 10.1068/a241463
M3 - Article
VL - 24
SP - 1463
EP - 1481
JO - Environment and Planning A
T2 - Environment and Planning A
JF - Environment and Planning A
SN - 0308-518X
IS - 10
ER -