Template-Type: ReDIF-Paper 1.0
Author-Name: Michelle Gilmartin
Author-Name-First: Michelle
Author-Name-Last: Gilmartin
Author-Email: michelle.gilmartin@strath.ac.uk
Author-Workplace-Name: Fraser of Allander Institute, University of Strathclyde
Author-Name: David Learmonth
Author-Name-First: David
Author-Name-Last: Learmonth
Author-Workplace-Name: Fraser of Allander Institute, University of Strathclyde
Author-Name: Peter McGregor
Author-Name-First: Peter
Author-Name-Last: McGregor
Author-Email: p.mcgregor@strath.ac.uk
Author-Workplace-Name: Department of Economics, University of Strathclyde
Author-Name: Kim Swales
Author-Name-First: Kim
Author-Name-Last: Swales
Author-Email: j.k.swales@strath.ac.uk
Author-Workplace-Name: Department of Economics, University of Strathclyde
Author-Name: Karen Turner
Author-Name-First: Karen
Author-Name-Last: Turner
Author-Email: karen.turner@stir.ac.uk
Author-Workplace-Name: Stirling Management School, Division of Economics
Title: Regional Policy Spillovers: The National Impact of Demand-Side Policy in an Interregional Model of the UK Economy
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.
Length: 58 pages
Creation-Date: 2011-07
Revision-Date: 
Publication-Status: Published
File-URL: http://www.strath.ac.uk/media/1newwebsite/departmentsubject/economics/research/researchdiscussionpapers/2011/11-28_Final.pdf
File-Format: Application/pdf
Number: 1128
Classification-JEL: C68, D58, R58
Keywords: regional CGE modelling, migration, regional development policy
Handle: RePEc:str:wpaper:1128