Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/10921
Appears in Collections:Economics Working Papers
Title: Regional Policy Spillovers: The National Impact of Demand-Side Policy in an Interregional Model of the UK Economy
Authors: Gilmartin, Michelle
Learmonth, David
McGregor, Peter G
Swales, J Kim
Turner, Karen
Contact Email: michelle.gilmartin@stir.ac.uk
Citation: Gilmartin M, Learmonth D, McGregor PG, Swales JK & Turner K (2011) Regional Policy Spillovers: The National Impact of Demand-Side Policy in an Interregional Model of the UK Economy. SIRE Discussion Paper, SIRE-DP-2011-46. Scottish Institute for Research in Economics (SIRE).
Keywords: regional CGE modelling
migration
regional development policy
JEL Code(s): C68, D58, R58
Issue Date: 2011
Publisher: Scottish Institute for Research in Economics (SIRE)
Series/Report no.: SIRE Discussion Paper, SIRE-DP-2011-46
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.
Type: Working or Discussion Paper
URI: http://hdl.handle.net/1893/10921
URL: http://repo.sire.ac.uk/bitstream/10943/291/1/SIRE_DP_2011_46.pdf
Rights: Published by the University of Strathclyde and the University of Stirling
Affiliation: Economics
University of Strathclyde
University of Strathclyde
University of Strathclyde
Economics

Files in This Item:
File Description SizeFormat 
Gilmartin_2011_Regional_Policy_Spillovers_The_National_Impact_of_Demand-Side_Policy.pdf687.5 kBAdobe PDFView/Open


This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.