Regional policy spillovers: The national impact of demand-side policy in an interregional model of the UK economy

Environment and Planning A

Volumn 45, Issue 4, 2013, Pages 814-834

  Gilmartin, Michelle ^a   Learmouth, David ^b   Swales, J Kim ^b   McGregor, Peter ^b   Turner, Karen ^c  

^a UNIVERSITY OF STIRLING   (United Kingdom)

^b UNIVERSITY OF STRATHCLYDE   (United Kingdom)

^c HERIOT WATT UNIVERSITY   (United Kingdom)

Author keywords

Migration; Regional CGE modeling; Regional development policy

Indexed keywords

DEMAND-SIDE MANAGEMENT; ECONOMIC GROWTH; LABOR MARKET; LABOR MIGRATION; REGIONAL DEVELOPMENT; REGIONAL POLICY; SPILLOVER EFFECT;

UNITED KINGDOM;

EID: 84876451715     PISSN: 0308518X     EISSN: 14723409     Source Type: Journal    
DOI: 10.1068/a44355     Document Type: Article

References (53)

1. Adkins L C, Rickman D S, Hameed A, 2003, "Bayesian estimation of regional production for CGE modeling" Journal of Regional Science 43 641-662
2. Archibald G, 1969, "The Phillips Curve and the distribution of unemployment" American Economic Review 59 124-134
3. Armington P, 1969, "A theory of demand for products distinguished by place of production" IMF Staff Papers 16 157-178
4. Armstrong H, Taylor J, 2000 Regional Economics and Policy (Blackwell, Oxford)
5. Barnes S, Price S, Sebasitiá-Barriel M, 2008, "The elasticity of substitution: evidence from a UK firm-level data set", WP 348, April, Bank of England, London
6. Barth E, Bratsberg B, Naylor R A, Raaum O, 2002, "Explaining variations in wage curves: theory and evidence" working paper, Department of Economics, University of Oslo
7. Biswas T, McHardy J, Nolan M A, 2008, "Inter-regional migration: the UK experience", Sheffield Economic Research Paper Series, 2008003, Department of Economics, University of Sheffield
8. Blanchflower D G, Oswald A J, 2005, "The wage curve reloaded", WP 11338, National Bureau of Economic Research, Cambridge, MA
9. Chirinko R S, Fazzari S M, Meyer A P, 2002, "That elusive elasticity: a long-panel approach to estimating the price sensitivity of business capital", mimeo, Federal Reserve Bank of St Louis, http://ideas.repec.org/p/cpd/pd2002/b3-1.html
10. Driffield N, Taylor K, 2006, "Wage spillovers, inter-regional effects and the impact of inward investment" Spatial Economic Analysis 1 187-205
11. DTI, 1998 Our Competitive Future: Building the Knowledge Driven Economy Cm 4176, Department of Trade and Industry (The Stationery Office, London)
12. Faggio G, Nickell S, 2005, "The responsiveness of wages to labour market conditions in the UK" Labour Economics 12 685-696
13. Gibson H, 1990, "Export competitiveness and UK sales of Scottish manufacturers", working paper, Scottish Enterprise, Glasgow
14. Gillespie G, McGregor P G, Swales J K, Yin Y P, 2001a, "A regional computable general equilibrium analysis of the demand and 'efficiency spillover' effects of foreign direct investment", in Inward Investment, Technological Change and Growth: The Impact of Multinational Corporations on the UK Economy Ed. N Pain (Palgrave in association with NIESR, Basingstoke, Hants) pp 178-209
15. Gillespie G, McGregor P G, Swales J K, Yin Y P, 2001b, "The displacement and multiplier effects of regional selective assistance: a computable general equilibrium analysis" Regional Studies 35 25-139
16. Gillespie G, McGregor P G, Swales J K, Yin Y P, 2002, "A computable general equilibrium approach to the ex post evaluation of regional development agency policies", in Regional Policies and Comparative Advantage Eds B Johansson, C Karlsson, R Slough (Edward Elgar, Cheltenham, Glos) pp 253-282
17. Gilmartin M, Learmonth D, McGregor P G, Swales J K, Turner K, 2011, "Regional policy spillovers: evaluating the national impact of demand-side policy in an interregional computable general equilibrium model of the UK", Discussion Papers in Economics, University of Strathclyde, Glasgow
18. Harrigan R, McGregor P G, 1989, "Neoclassical and Keynesian perspectives on the regional macroeconomy: a computable general equilibrium approach" Journal of Regional Science 29 555-573
19. Harrigan F, McGregor P G, Perman R, Swales K, Yin Y P, 1991, "AMOS: a macro-micro model of Scotland" Economic Modelling 8 424-479
20. Harrigan F, McGregor P G, Swales K, Dourmashkin N, 1992, "Imperfect competition in regional labour markets: a computable general equilibrium analysis" Environment and Planning A 24 1463-1481
21. Harris J R, Todaro M D, 1970, "Migration, unemployment and development: a two sector analysis" American Economic Review 60 126-142
22. Harrison R, Nikolov K, Quinn M, Ramsay G, Scott A, Thomas R, 2005 The Bank of England Quarterly Model (The Bank of England, London)
23. HM Treasury, 1995 A Framework for the Evaluation of Regeneration Projects and Programmes (HMSO, London)
24. HM Treasury, 1997 Green Book: Appraisal and Evaluation in Central Government: Treasury Guidance (The Stationery Office, London)
25. HM Treasury, 2003 Green Book: Appraisal and Evaluation in Central Government: Treasury Guidance (The Stationery Office, London)
26. Hughes G, McCormick B, 2000 Housing Policy and Labour Market Performance report commissioned by the Department of Environment, Transport and the Regions (The Stationery Office, London)
27. Iregui A M, 2005, "Efficiency gains from the elimination of global restrictions on labour mobility: an analysis using a multiregional CGE mode", Borradores de Economia, 146, Banco de la Republica de Colombia
28. Koh Y, Schreiner D, Shin H, 1993, "Comparisons of regional fixed price and general equilibrium models" Regional Science Perspectives 23 33-80
29. Layard R, Nickell S, Jackman R, 1991 Unemployment: Macroeconomic Performance and the Labour Market (Oxford University Press, Oxford)
30. Lisenkova K, McGregor P, Pappas N, Swales K, Turner K, Wright R, 2008, "Scotland the grey: a linked demographic-CGE analysis of the impact of population ageing and decline" Regional Studies 44 1352-1368
31. McGregor P G, Swales J K, Yin Y P, 1996, "Long-run interpretation of input-output analyses" Journal of Regional Science 36 479-501
32. McGregor P G, Swales J K, Yin Y P, 1999, "Spillover and feedback effects in general equilibrium models of the national economy: a requiem for inter-regional input-output?", in Understanding and Interpreting Economic Structure Eds G Hewings, M Sonis, M Madden, Y Koimura (Springer, New York) pp 167-190
33. Madden M, Trigg B, 1990, "Inter-regional migration in an extended input-output model" International Regional Science Review 13 65-85
34. Manning N, 1994, "Earnings, unemployment and contiguity: evidence from British counties 1976-1992" Scottish Journal of Political Economy 41 43-68
35. Millard S P, 2000, "The effects of increased labour market flexibility in the United Kingdom: theory and practice", WP 109, Bank of England, London
36. Miller R, Blair P, 2009 Input-output Analysis: Foundations and Extension 2nd edition (Cambridge University Press, Cambridge)
37. Molho I, 1982, "Contiguity and regional migration flows" Scottish Journal of Political Economy 29 283-297
38. Montuenga V, Garcia I, Fernandez M, 2003, "Wage flexibility: evidence from five EU countries based on the wage curve" Economic Letters 78 169-174
39. Moses J W, Letnes B, 2004, "The economic costs to international labour restrictions: revisiting the empirical discussion" World Development 32 1609-1626
40. Partridge M, Rickman D, 1997, "The dispersion of U.S. state unemployment rates: the role of market and non-market factors" Regional Studies 31 593-606
41. Partridge M, Rickman D, 2003, "The waxing and waning of state economies: the chicken-egg question of jobs versus people" Journal of Urban Economics 53 76-97
42. Partridge M, Rickman D, 2010, "Computable general equilibrium (CGE) modelling for regional economic development analysis" Regional Studies 44 1311-1328
43. Pissarides C A, Wadsworth J, 1989, "Unemployment and the inter-regional mobility of labour" Economic Journal 99 739-755
44. Raa T T, 2006 The Economics of Input-output Analysis (Cambridge University Press, Cambridge)
45. Rickman D S, Treyz G I, 1993, "Alternative labour market closures in a regional model" Growth and Change 24 32-50
46. Riley R, Young G, 2001, "The macroeconomic impact of the new deal for young people", DP 184, National Institute for Economic and Social Research, London
47. Scottish Enterprise, 2011 GlobalScot: Building International Business Networks for Scotland, SE/3347/Mar11, Scottish Enterprises, Glasgow
48. Taylor J, 2002, "The evaluation of UK regional policy: how much progress has been made?", in Regional Policies and Comparative Advantage Eds B Johansson, C Karlsson, R Slough (Edward Elgar, Cheltenham, Glos) pp 173-208
49. Treyz G I, Rickman D S, Hunt G, Greenwood M J, 1993, "The dynamics of internal migration in the US" Review of Economics and Statistics 75 209-214
50. Turner K, 2009, "Negative rebound and disinvestment effects in response to an improvement in energy efficiency in the UK Economy" Energy Economics 31 648-666
51. Turner K, Hanley N, 2009, "How do improvements in labour productivity in the Scottish economy affect the UK position on the environmental Kuznets Curve?", Discussion Papers in Economics, 09-15, University of Strathclyde, Glasgow
52. West G R, 1995, "Comparison of input-output, input-output and econometric and computable general equilibrium impact models at the regional level" Economic Systems Research 7 209-227
53. Wren C, 2005, "Regional grants: are they worth it?" Fiscal Studies 26 245-275