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The Barnett formula is the official basis upon which increments to public funds are allocated to the devolved regions of the UK for those parts of the budget that are administered locally. There is considerable controversy surrounding the implications of its strict application for the relevant...
Persistent link: https://www.econbiz.de/10005455769
UK regional policy has been advocated as a means of reducing regional disparities and stimulating national growth. However, there is limited understanding of the interregional and national effects of such a policy. This paper uses an interregional computable general equilibrium model to identify...
Persistent link: https://www.econbiz.de/10011002787
Despite increased public interest, policy makers have been slow to enact targets based on limiting emissions under full consumption accounting measures (such as carbon footprints). We argue that this may be due to the fact that policy makers in one jurisdiction do not have control over...
Persistent link: https://www.econbiz.de/10008917413