The paper presents the results of an analysis, using Keynesian local open economy multipliers, of the impact of Lancaster University upon income and employment in the local city and surrounding hinterland area. The results of the University impact analysis are contrasted with similar analyses of...

This paper is concerned with the relationship between economic growth in small states and their vulnerability. A critical argument in much of the literature on small states, particularly small island states, is that their growth performance is greatly constrained by their vulnerability to...

Small nation-states and subnational regions share many similarities in terms of the challenges faced in implementing successful industrial policies. Globalization and the emergence of supranational organizations such as the European Union are also making the two sets of entities much more...

The European Union has developed a sophisticated and quite well-funded regional policy administered through its various structural funds. This policy now faces a number of severe challenges. Market forces are bringing about convergence at a snail's pace. With the regional impacts of the single...

The Isle of Man experiences price levels which, for consumer convenience goods, are some 10% higher than those in nearby regions of the UK mainland. The observed price differentials indicate incomplete economic integration with the United Kingdom. This paper presents the results of two major...

This paper examines spatial variations in unemployment stocks and flows in the North-West region of Great Britain. It utilises information describing the monthly flow of persons through the unemployment register. Combining the stock data with the flow data, it is possible to infer the mean...

The Economics of Regional Policy presents an extensive overview of this important area of economics. It reprints the most important work by leading scholars in the field.