CitationAlavalapati, Janaki; White, Bill; Jagger, Pamela; & Wellstead, Adam (1996). Effect of Land Use Restrictions on the Economy of Alberta: A Computable General Equilibrium Analysis. Canadian Journal of Regional Science, 19(3), 349-365.
AbstractThis paper investigates the socio-economic impacts of hypothetical reductions in the use of land in the agriculture, forestry, and energy sectors in the province of Alberta. A five sector computable general equilibrium is developed to simulate the impacts of land use reductions. Simulations are conducted under two scenarios. First, wages are assumed to be rigid in the economy. Second, wages are assumed to be responsive to changes in the demand for labour. Results indicate that the negative impacts of land use reduction are higher when wages are rigid than those of wage flexible scenario. If wages are flexible, a contraction in a trading sector is shown to cause an expansion in other trading sectors. However, adjustment in the non-trading sector depends on relative magnitudes of contraction and expansion of trading sectors.
Reference TypeJournal Article
Journal TitleCanadian Journal of Regional Science