Index
David Hearne
(Birmingham City University, UK)
Alex de Ruyter
(Birmingham City University, UK)
Regional Success After Brexit: The Need for New Measures
ISBN: 978-1-78756-736-8, eISBN: 978-1-78756-735-1
Publication date: 1 May 2019
This content is currently only available as a PDF
Citation
Hearne, D. and Ruyter, A.d. (2019), "Index", Regional Success After Brexit: The Need for New Measures (Brexit Studies Series), Emerald Publishing Limited, Leeds, pp. 131-136. https://doi.org/10.1108/978-1-78756-735-120191003
Publisher
:Emerald Publishing Limited
Copyright © 2019 David Hearne, Alex de Ruyter
INDEX
Note: Page numbers followed by “n” with numbers indicate notes.
Absolute lower bound
, 47, 68–70
PPPs
, 65
Agglomeration
, 8
economies
, 86
Annual Survey of Hours and Earnings (ASHE)
, 32–33
Australian Bureau of Statistics
, 17
Bigger-Better-Bolder framework (B-B-B framework)
, 92–95
Bilateral Laspeyres index
, 38n4
Brexit
, 5
forces
, 1
overhang
, 84–87
Roadshow
, 2
vote
, 2, 18, 31
Building Cost Information Service (BCIS)
, 59
Bureau of Economic Analysis
, 22
Business rates
, 94
Capital expenditure
, 53
City-Regions
, 7
Colliers International (2017)
, 58
Commuting
, 10–12
Compensation of employees
, 99
Conservative model
, 69
Conservative Party
, 85
Costs
relative costs of gross fixed capital formation
, 60
of transferring ownership on non-produced assets
, 58
Council Tax
, 94
Croner-Reward Cost of Living Surveys,
, 23
Cross-hauling
, 46
Cross-region commuters
, 48
Crossrail
, 79, 82–84, 87
De facto measurement
, 4
De-industrialisation
, 71–72
Demographics
, 12–15
Department for Business Energy & Industrial Strategy (2017)
, 42
Department for Communities and Local Government (DCLG)
, 57
Devolution
, 76, 87–88
Digital infrastructure
, 93–94
Dividends
, 37n3
Domestic
basis
, 56
concept
, 49
regional policy
, 88
tourism
, 73n8
Dynamic Stochastic General Equilibrium
, 97n8
Econometric model
, 18
Economic
geography
, 6, 15
justification
, 87
performance
, 92
policy
, 91
theory
, 75
Èltetö-Köves-Szulc method (EKS method)
, 29, 45–46, 100–103
English identity
, 6
Enterprise zones
, 88
European regional development funds
, 79–80
European Structural and Investment Funds (ESIF)
, 84
European Union (EU)
, 2, 19, 76
policy
, 39
regional funding schemes
, 85
Eurostat-OECD methodology
, 40
Family Resources Survey (FRS)
, 27–28, 30, 56
Financial services
, 79–80
sector
, 41
Fisher Ideal Index
, 101–103
FISIM
, 41, 103–105
Gross capital consumption
, 52–54, 58–59, 66
Gross disposable household income (GDHI)
, 9, 19–21, 27, 32, 50, 84–85, 99
ONS in
, 34
‘operating surplus’ portion of
, 29
per capita
, 15–18, 20
Gross domestic product (GDP)
, 9–10, 40–41, 49
apportioning regional
, 54–56
France’s GDP per capita
, 45
GVA to
, 47–49
Gross value added (GVA)
, 2, 4–5, 9–11, 14, 39–40, 77, 104
to GDP
, 47–49
GVA-based upper bound
, 51
per capita
, 12, 14–15
Per Worker
, 15–18
real
, 44
Heathrow’s third runway
, 81
High-speed 2 (HS2)
, 79, 81–82, 87
House of Commons Select Committee on Crossrail (2007)
, 82–83
Household final consumption expenditure (HHFCE)
, 40, 49, 64–65
Household sector
, 49–51, 56–57
Human development index
, 9
Imputed rents
, 41, 105n1
income
, 68–69
Income(s)
, (see also Gross disposable household income (GDHI)), 13, 43, 77, 92
implicit
, 21
mixed
, 99
nominal
, 50
non-wage
, 33
primary
, 34, 100
property
, 99
real
, 34, 101
real estate rental
, 69
Index of Multiple Deprivation (IMD)
, 19, 34–35
Industrial strategy
, 42
Inequality
, 32–34
Infrastructure fund
, 93–94
Intellectual property
, 52, 58
Intra-area inequality
, 35
Labour market
, 12–15
Laspeyres index
, 101
‘Law of One Price’
, 18
Living costs and food survey (LCF survey)
, 26–27, 51
Local development policies
, 90–91
Local Enterprise Partnerships (LEPs)
, 42, 88
London and South East
, 80
crossrail
, 82–84
Heathrow’s third runway
, 81
HS2
, 81–82
London-centric approaches
, 79–80
price-adjusted productivity
, 42
London–Cambridge—Oxford ‘golden triangle’
, 87
Lower bound
, 39, 64–66, 69
absolute
, 47, 68–70
calculation
, 44
VAT-based
, 51
Management consultancies
, 79
Median full-time public sector salaries
, 62
‘Midlands Engine’ brands
, 88
Modified Eurostat-OECD EKS procedure
, 38n4
National Infrastructure Commission and Highways Agency
, 87
National operating surplus
, 27
Net exports
, 63
‘New economic geography’
, 8, 91
Nominal and real regional GDP
, 67–68
Nominal regional GDHI
, 30
Non-financial economy
, 104
Non-profit institutions serving households (NPISH)
, 41, 51–52, 58
Northern Powerhouse
, 88
NUTS1 regions
, 8, 68, 76, 94
NUTS2 level
, 18n1
OECD
, 29, 45, 63, 101
Office for National Statistics (ONS)
, 3, 9, 11, 17–20, 24, 27–28, 40, 104–105
methodology guide
, 99–100
RRCPLs
, 102
Paasche index
, 38n4, 101
People vs. place policy
, 90–95
‘Perverse spatial outcomes’ policy
, 92
Physical transport
, 93–94
Policy
interventions
, 91
makers
, 75
ramifications
, 15
Policy framework
, 90
B-B-B framework
, 92–95
LEPs
, 91
traditional economic orthodoxy
, 91
Policy implications
, 75
Brexit overhang
, 84–87
case for ‘meaningful devolution’
, 87–90
current spending bias towards London and South East
, 80–84
people vs. place
, 90–95
recap
, 76–80
Post-Brexit environment
, 39, 79, 92
Price
, (see also Regional prices)
index
, 23
levels
, 21–27, 40, 44–46, 103
Primary income
, 34, 100
Private rents
, 27
Private sector
, 56
Property
, 27
of charactericity
, 101
income
, 99
Public sector
, 60, 81
Public transport services
, 83
Purchasing power parity (PPP)
, 39, 65, 79, 101
Real estate rental income in GVA
, 69
Real GDHI
, (see also Gross disposable household income (GDHI))
per capita
, 86
regional GDHI
, 30–32
Real GVA
, 44
Real incomes
, 34, 101
Real labour productivity
estimating real regional GDP and productivity
, 67–69
FISIM and imputed rents
, 41
GVA
, 40
price levels
, 44–46
regional PPPs
, 63–67
regional prices
, 56–63
regionalisation
, 47–56
time to re-evaluate regional success
, 69–72
Real living standards
GDHI
, 19–21
index of multiple deprivation
, 34–35
inequality
, 32–34
operating surplus
, 27–29
price levels
, 21–27
real regional GDHI
, 30–32
results
, 29–30
Real regional GDP and productivity estimation
, 67
absolute minimum
, 68
central scenarios
, 69
conservative estimate
, 68–69
Regional Accounts
, 43–44, 57, 62
Regional Development Agencies
, 88
Regional differences across UK economy
, 5–8
Regional GDHI
, 20
Regional GVA
, 103
Regional indicators
, 43–44
Regional living standards
, 19, 21
Regional policy
, 39, 92
makers
, 34
Regional PPPs
, 63
lower bound
, 64–66
realistic estimates
, 66–67
Regional prices
, 56, 74n11
government expenditure
, 59–63
gross capital consumption
, 58–59
household sector
, 56–57
indices
, 23
net exports
, 63
NPISH
, 58
relative
, 25
Regional productivity
, 77, 104
relative regional productivity in UK
, 71
Regionalisation
, 6, 29, 47, 103
apportioning regional GDP
, 54–56
government expenditure
, 53–54
gross capital consumption
, 52–53
from GVA to GDP
, 47–49
household sector
, 49–51
NPISH
, 51–52
Relative Regional Consumer Price Level (RRCPL)
, 64–65
Residence-based GVA
, 11
Retail Prices Index Advisory Committee
, 23
Scottish Government
, 51, 54, 87–88
Shared Prosperity Fund
, 80, 85, 92
Social
benefits
, 100
capital networks
, 80
contributions
, 100
exclusion
, 95
fund
, 92–93
rents
, 27
Social justification
, 87
‘Space neutral’ policies
, 92
Spatial Adjustment Factors
, 23
‘Spatially-blind’ policy
, 92
Taxes
, 100
on production
, 47
Traditional economic orthodoxy
, 91
Travel to Work Area (TTWA)
, 6–7
UK Government
expenditure
, 53–54, 59–63
funding
, 92
Industrial Strategy Green Paper
, 10, 77, 42
sector
, 60
welfare
, 100
UK Government Office Region (GORs)
, 78
Unemployment rates
, 14
Valuation Office Agency
, 33, 57
Value-added tax (VAT)
, 41, 48
threshold
, 73n5
VAT-based lower bound
, 51
West Midlands Combined Authority (WMCA)
, 10