The Scottish public finances in 1992/93

Stevens, Jim (1995) The Scottish public finances in 1992/93. Quarterly Economic Commentary, 20 (3). pp. 74-80. ISSN 2046-5378

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Abstract

Before the 1992 General Election there was considerable interest in estimating the fiscal position of Scotland within and outwith the United Kingdom. The most authoritative approaches were those of Scottish Office (1992) and BLW/PffiDA (1992). The former outlined a methodology for calculating the Scottish share of UK public expenditure and reported on an exercise conducted annually by Scottish Office officials. The BLW/PIEDA study built on this and outlined an approach to establishing the share of UK fiscal receipts due to Scotland. This Briefing updates the measures derived in these 2 papers and is designed to inform the ongoing debate on the Scottish Constitution.