The Scottish economy [July 1977]

David N. F. Bell, Victor Bulmer-Thomas, Alan A. Carruth, Michael W. Danson, John Duignan, M. E. Glassford, Frank X. Kirwan, James W. McGilvray, David R. F. Simpson, Alison A. Wingfield, Fraser of Allander Institute

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    Abstract

    It appears that the differential between GDP per head in Scotland and UK GDP per head continued to narrow in 1975, confirming our prediction that Scotland fared relatively less badly than the UK as a whole during 1975. The short-term outlook for employment and unemployment is not encouraging. The expected rise in output during the remainder of 1977 will be insufficient to reverse recent falls in employment, which have been concentrated amongst males and in the services
    sector. Consequently, it is difficult to envisage unemployment falling below its current seasonally adjusted level of 167,900 during the remainder of 1977.
    Original languageEnglish
    Pages (from-to)5-27
    Number of pages23
    JournalQuarterly Economic Commentary
    Volume3
    Issue number1
    Publication statusPublished - Jul 1977

    Keywords

    • Scottish economic output
    • Scottish economic conditions
    • unemployment patterns
    • labour market conditions
    • industrial output
    • Scottish business confidence
    • Scottish gross domestic product (GDP)

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