Abstract
The decentralization law confers on local elected representatives powers in the fields of economic, social and cultural development. For this purpose we have constructed a large-scale macroeconometric model for Martinique. The purpose of this article is to present the model and discuss its capacity. To begin with we shall set out its general structure. We shall then describe the relationships that have been selected for solving the model. Finally we shall examine the power of the model, first of all in retrospective simulations and then from the point of view of economic policy. The variants selected are: a demand policy, a supply policy and a policy aimed at bringing the Martiniquan minimum wage up to the level of the metropolitan wage.
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