On the multiplier concept in regional analysis
Major aim of the paper is to explain how Keynesian multiplier model can be used to estimate the effect of expenditure changes on regional economy especially regional income and employment. Among many factors, marginal propensity to consume locally produced goods plays a crucial role in determining r...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2006-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2006/1452-595X0601089S.pdf |