A Scandinavian "high-tax, high-spend" model for regions? The impact of enhanced fiscal autonomy
Emonts-Holley, Tobias and Greig, Alastair and Lecca, Patrizio and Lisenkova, Katerina and McGregor, Peter and Swales, J. Kim (2019) A Scandinavian "high-tax, high-spend" model for regions? The impact of enhanced fiscal autonomy. Spatial Economic Analysis. ISSN 1742-1772
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Abstract
The fiscal powers of the Scottish Government have increased significantly, resulting in the first (modest) regional differences in income tax rates within the UK. In fact, the current degree of fiscal autonomy would permit a radical shift towards a high-tax, high-spend “Scandinavian model”. We find that the impact of such a change on the Scottish economy is likely to be positive only if the public value the increased public spending and are willing, and able, to accept a corresponding reduction in their take home pay. We conclude that the current bargaining system is unlikely to deliver such an outcome.
Creators(s): |
Emonts-Holley, Tobias ![]() ![]() ![]() | Item type: | Article |
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ID code: | 66620 |
Keywords: | regional fiscal autonomy, income tax, Regional economics. Space in economics, Economics, Econometrics and Finance(all) |
Subjects: | Social Sciences > Communities. Classes. Races > Regional economics. Space in economics |
Department: | Strathclyde Business School > Economics Strategic Research Themes > Society and Policy |
Depositing user: | Pure Administrator |
Date deposited: | 17 Jan 2019 14:58 |
Last modified: | 01 Jan 2021 06:00 |
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URI: | https://strathprints.strath.ac.uk/id/eprint/66620 |
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