Strathprints logo
Strathprints Home | Open Access | Browse | Search | User area | Copyright | Help | Library Home | SUPrimo

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

Gilmartin, M. and Learmonth, D. and Swales, J.K. and McGregor, P.G. and Turner, K. (2013) Regional policy spillovers : the national impact of demand-side policy in an interregional model of the UK economy. Environment and Planning A, 45 (4). 814 – 834. ISSN 0308-518X

[img] PDF (strathprints007267.pdf)
strathprints007267.pdf

Download (467kB)

Abstract

UK regional policy has been advocated as a means of reducing regional disparities and stimulating national growth. However, there is limited understanding of the interregional and national effects of such a policy. This paper uses an interregional computable general equilibrium model to identify the national impact of a policy-induced regional demand shock under alternative labour market closures. Our simulation results suggest that regional policy operating solely on the demand side has significant national impacts. Furthermore, the effects on the nontarget region are particularly sensitive to the treatment of the regional labour market.

Item type: Article
ID code: 40747
Keywords: regional policy, computable general equilibrium model, labour market, income, regional CGE modelling, migration, regional development policy, Commerce, Accounting
Subjects: Social Sciences > Commerce
Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander Institute
Depositing user: Pure Administrator
Date Deposited: 06 Aug 2012 14:56
Last modified: 21 May 2015 14:50
URI: http://strathprints.strath.ac.uk/id/eprint/40747

Actions (login required)

View Item View Item