Regional Computable General Equilibrium Models for Denmark


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Regional Computable General Equilibrium Models for Denmark

Vis færre oplysninger Termansen, Lars Brømsøe 2008-11-11 2009-02-23T08:49:34Z 2009-02-23T08:49:34Z 2009-02-23
dc.identifier.isbn 9788759383704
dc.identifier.issn 0906-6934
dc.description.abstract The paper analyses the effects of introducing taxes and regional transfers on the equilibrium properties in a standard Core-Periphery model. A central government levies taxes on production factors and redistributes the revenue to all agents regardless of their location. In the case of Core-Periphery economy this is in effect a re-allocation of agglomeration rents. Simulations show that taxes and transfers alter the Core-Periphery model’s properties by moving the Break and Sustain points. The range of freeness of trade with Core-Periphery outcomes is reduced for transfers to the periphery, and increased for transfers to the core. The width of the overlap where the models exhibit hysteresis effects remains the same regardless of the transfers. The analysis reveals that in the Core-Periphery outcome the agglomeration rents can be taxed without exhausting the core’s scale effects. The tax revenues can then be redistributed such that periphery regions and the central government have incentives in promoting core regions, which function as industrial locomotives for the whole economy. en
dc.format.extent 197 en
dc.language eng
dc.publisher Department of Economics, Copenhagen Business School en
dc.relation.ispartofseries PhD Series;20.2008
dc.subject.other modeller en
dc.subject.other skatter en
dc.subject.other regionaløkonomi en
dc.subject.other generel ligevægtsteori en
dc.title Regional Computable General Equilibrium Models for Denmark en
dc.type phd en
dc.accessionstatus modt08nov11 en
dc.contributor.corporation Copenhagen Business School. CBS
dc.contributor.department Økonomisk Institut en
dc.contributor.departmentshort ECON en
dc.contributor.departmentuk Department of Economics en
dc.contributor.departmentukshort ECON en
dc.idnumber 9788759383704 en Frederiksberg en
dc.publisher.year 2008 en
dc.title.subtitle Three papers laying the foundation for regional CGE models with agglomeration characteristics en

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