Regional Economics. Lecture 5 and 6 Sedef Akgüngör. Regional Growth. P rocesses of growth (or more broadly, change) in the economies of regions is measured by: Relative Regional Growth in Population A substantial variation among major regions in per capita income
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Lecture 5 and 6
k richer by simply "taking in its own washing"; it must sell something to others in order to get more income. Consequently, exports are viewed as providing the economic base of a region’s growth. is the Keynesian regional multiplier and is given by:
(c-m) =the marginal propensity to consume locally produced goods.
t= tax rate