Abstract
This paper analyses the impact of the introduction of a general, automatic labour subsidy in a regional economy, concentrating on employment effects. We adopt a computable general equilibrium (CGE) approach, using a model parameterised on data from a UK region, Scotland.
Two particular issues are identified which have usually been neglected in previous work in this
area: the impact of the fiscal injection associated with the subsidy and the qualitative and quantitative consequences of allowing the nature of the regional labour market to vary.
| Original language | English |
|---|---|
| Pages (from-to) | 105-133 |
| Number of pages | 28 |
| Journal | Oxford Economic Papers |
| Volume | 48 |
| Issue number | 1 |
| Publication status | Published - Jan 1996 |
Keywords
- regional economy
- computable general equilibrium
- CGE
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Dive into the research topics of 'The system-wide impact on the recipient region of a regional labour subsidy'. Together they form a unique fingerprint.Impacts
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Enhancing the Scottish Government’s policy evaluation capacity
McGregor, P. (Participant), Swales, J. (Participant), Allan, G. (Participant), Lecca, P. (Participant) & Turner, K. (Participant)
Impact: Impact - for External Portal › Policy and legislation, Economic and commerce
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