The Brexit vote has thrown up issues of the sharp regional disparities that divide the UK. The vote has been seen as a protest by those who felt left behind by globalization and hence a need for government policy to address regional disparities. As a result there has been a re-emergence of...

We build a directed technical change model of the British Industrial Revolution where one intermediate goods sector uses a fixed renewable energy (“wood”) quantity, and another uses coal at a fixed price. With a high enough elasticity of substitution between the two goods in producing final...