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Uk International Competitiveness, Economic Policy, & The New Economy

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  • Tony Buxton
  • Mark Cleary
  • Tony Mananyi
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    Abstract

    The paper attempts to provide evidence on whether UK manufacturing has fundamentally improved its export performance as a result of either policy changes started in the 80s, or new economy effects of the 90s, or both. It does this by constructing a model of international competitiveness and export demand that is then estimated over the 70s, 80s and 90s with a view to finding any structural differences over time. The overall conclusion is that, while the effects of the policy changes have had dubious success over the longer term, new economy effects are harder to discern but may be positive.

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    Bibliographic Info

    Article provided by IUP Publications in its journal The IUP Journal of Applied Economics.

    Volume (Year): IV (2005)
    Issue (Month): 1 (January)
    Pages: 30-48

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    Handle: RePEc:icf:icfjae:v:04y:2005i:1p:30-48

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