Análisis de multiplicadores lineales en una economía regional abierta
The objective of this paper is to extend the model of linear multipliers to represent the circular flow in an open economy. Specifically, we incorporate the links between the domestic economy and the foreign sector in the calculation of generalised multipliers. Additionally, we present a decomposition of the multipliers that allows us to identify the feedback effects caused by the foreign sector. With this decomposition we can evaluate the contribution of the external relationships to the income creation inside the economy.
linear multipliers, regional economy, foreign sector.
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