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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 |
| Author(s): | 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. http://repo.sire.ac.uk/bitstream/10943/291/1/SIRE_DP_2011_46.pdf |
| Keywords: | regional CGE modelling migration regional development policy Regional economics Regional growth Labor economics |
| JEL Code(s): | C68: Computable General Equilibrium Models D58: Computable and Other Applied General Equilibrium Models R58: Regional Development Planning and Policy |
| Issue Date: | 31-Dec-2011 |
| Date Deposited: | 11-Feb-2013 |
| 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 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 | Size | Format | |
|---|---|---|---|---|
| Gilmartin_2011_Regional_Policy_Spillovers_The_National_Impact_of_Demand-Side_Policy.pdf | Fulltext - Published Version | 687.5 kB | Adobe PDF | View/Open |
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