Spatially unbalanced growth in the British economy

Spatially unbalanced growth in the British economy
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DOI:
10.1093/jeg/lbt003
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发表时间:
2013-11-01
影响因子:
2.9
通讯作者:
Tyler, Peter
Tyler, Peter
中科院分区:
经济学2区
文献类型:
--
作者:
Gardiner, Ben;Martin, Ron;Tyler, Peter

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金融危机和随之而来的经济衰退戏剧性地结束了英国1992-2008年的长期经济繁荣,引发了关于经济“再平衡”的必要性的大量争论,无论是在部门还是在空间上。在本文中,我们考察了英国经济失衡的规模和性质。我们首先考察了空间经济失衡的风格化事实,特别是与国家经济格局中“南北鸿沟”的存在和持续不断的争论有关。然后,我们回顾了一些关于不平衡区域增长的理论解释,以及它们对部门结构和竞争力的作用。其次,采用动态多因素划分方法确定部门构成对英国南北增长差距的相对贡献。根据我们的调查结果,我们认为联合政府纠正这种不平衡的政策不太可能产生任何深远的影响。
The financial crisis and consequential recession that brought the UK's long economic boom of 1992-2008 to a dramatic end have generated considerable debate about the need to 'rebalance' the economy, both sectorally and spatially. In this article, we examine the scale and nature of imbalance in the British economy. We first examine the stylized facts of spatial economic imbalance, especially in relation to the recurring debate over the existence and persistence of a 'North-South Divide' in the nation's economic landscape. We then review some theoretical accounts of unbalanced regional growth and the role they give to sectoral structure and competitiveness. Next, dynamic multi-factor partitioning methods are used to determine the relative contribution that sectoral composition has made to Britain's North-South growth gap. In the light of our findings, we argue that the Coalition Government's policies to redress that imbalance are unlikely to have any profound impact.