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| Author: | Harrigan, F. |
| Title: | The system-wide impact on the recipient region of a regional labour subsidy |
| Journal: | Columbia Journal of World Business
1996 : JAN, VOL. 48:1, p. 105-133 |
| Index terms: | ECONOMICS LABOUR SUBSIDIES |
| Language: | eng |
| Abstract: | This paper analyses the impact of the introduction of a general, automatic labour subsidy in a regional economy, concentrating on employment effects. The authors adopt a computable general equilibrium (CGE) approach, using a model parametrised on data from a UK region, Scotland. Two particular issues are identified which have usually been neglected in previous work in this area: the impact of the fiscal injection associated with the subsidy and the qualitative and quantitative consequences of allowing the nature of the regional market to vary. |
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