Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Regional prices and real incomes in the UK
Official figures on regional incomes in the UK are compiled on a nominal basis. This paper develops a contemporary measure of relative regional prices in the UK, which suggests that the impact on relative regional living standards is substantial. Interregional differences in real incomes are therefore considerably smaller than nominal ones. It is hoped this study will stimulate further research. Insofar as prices are systematically higher in wealthier regions, there are important policy ramifications and public policy focused on regional assistance and redistribution should take account of these.
Regional prices and real incomes in the UK
Official figures on regional incomes in the UK are compiled on a nominal basis. This paper develops a contemporary measure of relative regional prices in the UK, which suggests that the impact on relative regional living standards is substantial. Interregional differences in real incomes are therefore considerably smaller than nominal ones. It is hoped this study will stimulate further research. Insofar as prices are systematically higher in wealthier regions, there are important policy ramifications and public policy focused on regional assistance and redistribution should take account of these.
Regional prices and real incomes in the UK
Hearne, David (Autor:in)
Regional Studies ; 55 ; 951-961
04.05.2021
11 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
regional disparities , prices , UK , spatial inequalities , wages , C43 , J31 , R1 , R12
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