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Old 08-03-2011, 07:40 PM   #285
Antisdill
 
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Default Latest monetary issues in Charlbury

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which placed location theory in the wider economic context of GENERAL EQUILIBRIUM theory by using !NPUT OUTPUT ANALYSIS and REGIONAL MULTIPLIERS and linked it to other social sciences.<br /><em>See also:</em> regional economics <br /><em>Reference</em><br />Isard, W (1956) Location and Space Economy, Cambridge, MA: MIT Press.<br /> - (1971) Methods of Regional Analysis, Cambridge, MA: MIT Press.<br /> Isard, W and Langford, T.W (1971) Regional Input-Output Study: Recollections, Reflections and Diverse Notes on the Philadelphia Experience, Cambridge, MA: MIT Press.
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Lundberg lag (E2)<br />The slow adjustment of production to changes in income causing investment or disinvestment in stocks as sales respond more rapidly than output. When incomes are rising, sales are more than output and so stocks are run down, causing unintended disinvestment; when incomes are falling, there is an unintended investment in stocks.
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