McGregor P. G. and Swales K. (2005) Economics of devolution/decentralization in the UK: some questions and answers, Regional Studies 39 , 477-494. The paper explores the economic implications of the radical process of devolution, decentralization and delegation of decision-making and policy...

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...

One of the main concerns associated with the development and use of regional CGE models is the determination of key parameter values, particularly substitution and other price elasticities. A common problem is the lack of appropriate regional data for econometric estimation. Consequently, it is...

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...

CO2 reduction targets tend to be set in terms of the amount of pollution emitted within a given region. However, there is increasing public and policy interest in the notion of a carbon footprint, or CO2 generated globally to serve final consumption demand within a region. This raises an issue...

Standalone levelised cost assessments of electricity supply options miss an important contribution that renewable and non-fossil fuel technologies can make to the electricity portfolio: that of reducing the variability of electricity costs, and their potentially damaging impact upon economic...

In this paper, publicly available cost data are used to calculate the private levelised costs of two marine energy technologies for UK electricity generation: Wave and Tidal Stream power. These estimates are compared to those for ten other electricity generation technologies whose costs were...

Using a disaggregated energy–economy–environmental model, we investigate the economic and environmental impact of a Scottish specific carbon tax under three alternative assumptions about the use of the revenue raised by the tax: revenues raised are not recycled within Scotland; revenues are...

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...

Empirical researchers interested in how governance shapes various aspects of economic development frequently use the Worldwide Governance indicators (WGI). These variables come in the form of an estimate along with a standard error reflecting the uncertainty of this estimate. Existing empirical...