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Towards a Theory of Interregional Fiscal Policy

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Abstract

In this paper, attention is paid to the development of a simple fiscal policy model which could be used to examine the influence of economic relations between regions on stabilisation policy. While the model embodies institutional assumptions which are appropriate only for regions within a country, these could easily be adapted so as to facilitate study of stabilisation problems within an economic union of separate sovereign states.

Keywords

Fiscal Policy Aggregate Demand Regional Income Factor Service Factor Income 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Palgrave Macmillan, a division of Macmillan Publishers Limited 1970

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