This paper seeks to reconcile evaluative practice with theory, focusing on the micro-evaluation of UK regional industrial policy. Two issues are examined: the measurement of the pecuniary external effects, including displacement and linkages; and the concept of 'additionality', which is central...

The article reviews the recent developments in UK competitiveness policy, and explores its relationship with industrial policy, including regional industrial policy. It argues that competitiveness is virtually synonymous with productivity growth, but that while four Competitiveness White Papers...

<title>ABSTRACT</title> This paper analyses the location of foreign direct investment across the regions of Great Britain over 1985--2005 using the framework of discretized Markov chains. FDI is measured according to the regional share of inward investment projects, where a distinction is made between...