Regional Policy Spillovers

Gilmartin, Michelle and Learmonth, David and McGregor, Peter and Swales, Kim (2011) Regional Policy Spillovers. Discussion paper. University of Strathclyde, Glasgow.

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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 non-target region are particularly sensitive to the treatment of the regional labour market.

ORCID iDs

Gilmartin, Michelle, Learmonth, David, McGregor, Peter ORCID logoORCID: https://orcid.org/0000-0003-1221-7963 and Swales, Kim;
  • Item type:Monograph(Discussion paper)
    ID code:67984
    Dates:
    Date
    Event
    2011
    Published
    Notes:Discussion paper.
    Keywords:regional CGE modelling, migration, regional development policy, Economic Theory, Economics, Econometrics and Finance (miscellaneous)
    Subjects:Social Sciences > Economic Theory
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:23 May 2019 09:38
    Last modified:18 Mar 2023 04:08
    URI:https://strathprints.strath.ac.uk/id/eprint/67984
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