Interregional Income Determination: A Graphical Analysis for Interdependent Economies

Cebula, Richard (1971): Interregional Income Determination: A Graphical Analysis for Interdependent Economies. Published in: Tijdschrift Voor Economie , Vol. 17, No. 1 (10 March 1972): pp. 33-47.

Abstract

This theoretical analysis develops a model for analyzing public policy in interdependent economies. The model allows for feed-backs between the commodity, money, and labor markets in all of the economic systems. Regionally oriented monetary policies are fully analyzed, as are regional oriented fiscal policies. In both cases, the feed-back mechanisms and iterative processes of approaching full equilibrium in all markets is demonstrated. The process of economic forecasting for interdependent economies is also provided.

• Item Type: MPRA Paper
• Language: English
• Keywords: interdependent economics; feed-back mechanism; dynamic approach to equilibrium
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy; H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents > H30 - General; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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