Picture of boy being examining by doctor at a tuberculosis sanatorium

Understanding our future through Open Access research about our past...

Strathprints makes available scholarly Open Access content by researchers in the Centre for the Social History of Health & Healthcare (CSHHH), based within the School of Humanities, and considered Scotland's leading centre for the history of health and medicine.

Research at CSHHH explores the modern world since 1800 in locations as diverse as the UK, Asia, Africa, North America, and Europe. Areas of specialism include contraception and sexuality; family health and medical services; occupational health and medicine; disability; the history of psychiatry; conflict and warfare; and, drugs, pharmaceuticals and intoxicants.

Explore the Open Access research of the Centre for the Social History of Health and Healthcare. Or explore all of Strathclyde's Open Access research...

Image: Heart of England NHS Foundation Trust. Wellcome Collection - CC-BY.

The Scottish economy [December 1992]

McFarland, Mark and Ashcroft, Brian and Brooks, Richard and Draper, Paul and Dunlop, Stewart and James, Tony and Lockyer, Cliff and Love, Jim and Malloy, Eleanor and McGregor, Peter and McRory, Eric and O'Brien, Vanessa and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1992) The Scottish economy [December 1992]. Quarterly Economic Commentary, 18 (2). pp. 9-48. ISSN 0306-7866

[img]
Preview
PDF (FEC_18_2_1992_Scottish_Economy)
FEC_18_2_1992_Scottish_Economy.pdf
Final Published Version

Download (2MB) | Preview

Abstract

In the previous Commentary, we correctly forecasted a further fall in the seasonally adjusted Scottish output index for production industries (Division 1 to 4 of the 1980 SIC) for the second quarter this year. But the extent of the fall was not fully picked up by the forecasting equation. The latest news release (10 November) by the Scottish Office shows a 2.9% fall in output in the second quarter. In the present forecast, we carried out a thorough test for unit roots and co-integration in the expanded time series used in our forecasting equation.