The paper examines the pattern of jobs in projects implemented by foreign-owned plants in the north east of England over the period 1985--1998. It analyses the characteristics of projects generating a greater or smaller number of jobs. The paper finds a substantial concentration of investment in...

Foreign-owned plants have higher conditional exit rates, but this paper tests the hypothesis that re-investment "embeds" these plants, leading to significantly longer survival time durations. A unique dataset is used for 265 plants that commenced in foreign ownership after 1985 in North East...

The theory and empirical evidence on FDI location emphasise agglomeration economies over classical location factors, such as grants. This paper uses panel data to analyse the effect of the main instrument of inward investment policy, the UK regional policy grants, on the distribution of FDI...

This paper's purpose is to review the recent experience of foreign direct investment (FDI) in North East England, and to explore the implications of this for the region's prospective economic development. Foreign-owned plants are reckoned to account for more than half the North East's employment...

The paper examines the implications of asymmetric information for the existence and efficiency of automatic industrial assistance schemes with employment objectives, based on UK regional policy experience. Firms differ in productivities and factor intensities, about which the government is...

This paper attempts to explain and identify differences in party political behavior in office, in terms of the weight they attach to unemployment and inflation. Reasons are advanced to suggest that incumbents do not take-up the median voter position, but instead pursue differentiated policies...

This paper constructs a consistent series for U.K. central government expenditure on industrial subsidies over the postwar period, valuing incentives in grant equivalent terms from the position of a firm undertaking investment appraisal. The analysis includes direct subsidy payments as well as...

This note presents annual figures for gross expenditure on U.K. central government assistance to industry over the period 1960-90. This is part of on-going research on the determinants and effects of U.K. industrial assistance. All figures are at current prices and a breakdown is provided...