Studies in the theory and application of regional multipliers.

Abstract

First paragraph: The thesis has two main objectives; firstly, to develop a theoretical framework to estimate the regional income and employment effects of different types of project and, secondly, to demonstrate the use of the model thus developed in case studies of a particular region: the Highlands and Islands of Scotland. The work was stimulated by the recent U.K. literature on regional multipliers, which indicated that regional impact analysis was an area in need of further research. It was felt that an analysis of the impact of specific projects might illuminate some aspect of the discussion that was being conducted at a more general level. Moreover, if the model could be made operational, it could act as the basis for similar studies elsewhere and, by measuring the multiplier impact of certain activities, add to our understanding of the forces of regeneration at work in the Highland economy. The analysis and estimates of the thesis could also aid in the formulation of a development strategy for the Highlands and contribute to the wider regional policy debate.