This paper combines a multi-period economic Computable General Equilibrium (CGE) modelling framework with a demographic model to analyse the macroeconomic impact of the projected demographic trends in Scotland. Demographic trends are defined by the existing fertility-mortality rates and the...

Since devolution, the Scottish Government has increasingly adopted a distinctive environmental and energy policy (Allan et al., 2008). The Climate Change (Scotland) Act includes a target to reduce CO2 emissions to 42% below 1990 levels by 2020. This is stricter than the 34% CO2 emissions...

We raise the issue of how appropriately to attribute economic impact to consumption expenditures. Despite the salience of the topic for applied economics it has not received much explicit attention in recent literature. In Input-Output analysis consumption expenditures are either treated as...

Balanced Budget Government Spending in a Small Open Regional Economy P. Lecca, P.G. McGregor and J.K. Swales Department of Economics, University of Strathclyde Abstract Scotland is engaged in a lively and on-going debate on greater fiscal autonomy and independence, which is politically...

Trends in inward investment in Scotland and Wales have influenced manufacturing’s inter-linkages with the local economy in different ways. The paper shows that there could be a hollowing out of the manufacturing sector in these regional economies which is linked to trends in inward investment.

Inward investment from foreign manufacturing firms has been sought as a remedy to regional industrial problems in the UK. Foreign manufacturing offers the prospect of industrial diversification, new jobs and incomes, and can also represent a stimulus to new ideas and practices in domestic...

Fast growing tourism industries have provided a focus for policymakers and academics concerned with regional and national economic development in periphery areas. General and, in the context of this paper, event tourism, comprise an important development platform for both periphery rural areas...