Economics of devolution/decentralization in the UK: Some questions and answers

被引:22
作者
McGregor, PG
Swales, K
机构
[1] Univ Strathclyde, Dept Econ, Glasgow G4 0GE, Lanark, Scotland
[2] Univ Strathclyde, Ctr Publ Policy Reg, Glasgow G4 0GE, Lanark, Scotland
[3] Univ Strathclyde, Fraser Allander Inst, Dept Econ, Glasgow G4 0GE, Lanark, Scotland
[4] Univ Strathclyde, CPPR, Glasgow G4 0GE, Lanark, Scotland
关键词
economics of devolution; decentralization; fiscal federalism; Barnett Formula; Tartan tax; regional economic development;
D O I
10.1080/00343400500128523
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper explores the economic implications of the radical process of devolution, decentralization and delegation of decision-making and policy delivery initiated by the post-1997 UK Labour Government. It is argued that the economies of all the presently devolved regions ultimately suffer if the Barnett Formula is rigorously imposed. It is shown that the efficiency of devolving fiscal authority involves a balance of positive and negative elements (depending on wage bargaining and migration responses). It is then argued that delegation/devolution of regional economic development policies, while exploiting regional information advantages, neglects regional economic interdependence, so there are potential gains from greater cooperation/coordination.
引用
收藏
页码:477 / 494
页数:18
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