THE SYSTEM-WIDE IMPACT ON THE RECIPIENT REGION OF A REGIONAL LABOUR SUBSIDY |
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| Authors: | HARRIGAN FRANK; McGREGOR PETER G; SWALES J K |
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| Institution: |  Asian Development Bank, Manila and Department of Economics, University of Western Australia and Visiting Fellow at the University of Strathclyde
 Fraser of Allander Institute and International Centre for Macroeconomic Modelling, Department of Economics, University of Strathclyde Curran Building, 100 Cathedral Street, Glasgow G4 0LN |
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| Abstract: | This paper analyses the impact of the introduction of a general,automatic labour subsidy in a regional economy, concentratingon employment effects. We adopt a computable general equilibrium(CGE) approach, using a model parameterised on data from a UKregion, Scotland. Two particular issues are identified whichhave usually been neglected in previous work in this area: theimpact of the fiscal injection associated with the subsidy andthe qualitative and quantitative consequences of allowing thenature of the regional labour market to vary. |
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