Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/7611

Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: The impact of the Barnett formula on the Scottish economy: endogenous population and variable formula proportions
Authors: Ferguson, Linda
Learmonth, David
McGregor, Peter G
Swales, J Kim
Turner, Karen
Contact Email: karen.turner@stir.ac.uk
Issue Date: Dec-2007
Publisher: Pion
Citation: Ferguson L, Learmonth D, McGregor PG, Swales JK & Turner K (2007) The impact of the Barnett formula on the Scottish economy: endogenous population and variable formula proportions, Environment and Planning A, 39 (12), pp. 3008-3027.
Abstract: The Barnett formula is the official basis upon which increments to public funds are allocated to the devolved regions of the UK for those parts of the budget that are administered locally. There is considerable controversy surrounding the implications of its strict application for the relevant regions. The existing literature focuses primarily on the equity of the spatial changes to government per capita expenditure that would accompany such a change. In contrast, in this paper we attempt to quantify the system-wide economic consequences-the real, relative resource squeeze that accompanies the financial relative squeeze-on one devolved region, Scotland. The analysis uses a multisectoral regional computable general equilibrium modelling approach. We highlight the importance of population endogeneity, particularly since the population proportions used in the formula are now regularly updated.
Type: Journal Article
URI: http://hdl.handle.net/1893/7611
DOI Link: http://dx.doi.org/10.1068/a38254
Rights: Publisher policy allows this work to be made available in this repository. Ferguson L, Learmonth D, McGregor PG, Swales JK & Turner K (2007) The impact of the Barnett formula on the Scottish economy: endogenous population and variable formula proportions, Environment and Planning A, 39 (12), pp. 3008-3027. http://www.envplan.com/abstract.cgi?id=a38254
Notes: Distribution (Probability theory ; Local budgets Scotland
Affiliation: University of Strathclyde
University of Strathclyde
University of Strathclyde
University of Strathclyde
Economics

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