IDEAS home Printed from https://ideas.repec.org/a/taf/regstd/v35y2001i3p271-277.html
   My bibliography  Save this article

Changing the Name of the Game? RSA, Indigenous and Inward Investors and the National Assembly for Wales

Author

Listed:
  • David Brooksbank
  • David Pickernell

Abstract

The recent rejection of British Aerospace's (BAe) application for 25m in Regional Selective Assistance (RSA) for its Broughton facility in North Wales, and subsequent granting of 19·5m in other aid packages, has highlighted an important policy issue now facing development areas across the UK. In particular, how do governments balance the ability of foreign investors to lever increasingly scarce economic development resources from central coffers on a continuing (almost automatic) basis against the new policy agenda which is focusing to a much higher degree on the needs of indigenous firms? Using a new database on RSA to contrast the fortunes of BAe with those of several prominent inward investors, this article illustrates the complex political economy that now surrounds grant decisions in post-devolution UK.

Suggested Citation

  • David Brooksbank & David Pickernell, 2001. "Changing the Name of the Game? RSA, Indigenous and Inward Investors and the National Assembly for Wales," Regional Studies, Taylor & Francis Journals, vol. 35(3), pages 271-277.
    • Handle: RePEc:taf:regstd:v:35:y:2001:i:3:p:271-277
    DOI: 10.1080/00343400124880
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00343400124880
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00343400124880?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mutti, John & Morgan, William & Partridge, Mark, 1989. "The incidence of regional taxes in a general equilibrium framework," Journal of Public Economics, Elsevier, vol. 39(1), pages 83-107, June.
    2. Kim Swales, 1997. "A cost-benefit approach to the evaluation of regional selective assistance," Fiscal Studies, Institute for Fiscal Studies, vol. 18(1), pages 73-85, February.
    3. Stephen Hill, 2000. "Wales in Transition," Palgrave Macmillan Books, in: Jane Bryan & Calvin Jones (ed.), Wales in the 21st Century, chapter 1, pages 1-9, Palgrave Macmillan.
    4. N A Phelps & M Tewdwr-Jones, 1998. "Institutional Capacity Building in a Strategic Policy Vacuum: The Case of the Korean Company LG in South Wales," Environment and Planning C, , vol. 16(6), pages 735-755, December.
    5. Jane Bryan & Calvin Jones (ed.), 2000. "Wales in the 21st Century," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-333-98153-5, March.
    6. Max Munday & David Pickernell & Annette Roberts, 2000. "Asian Economic Problems and Prospects for Foreign Direct Investment: Local Evidence from the UK," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 12(1), pages 17-35, March.
    7. J. K. Swales, 1997. "The Ex Post Evaluation of Regional Selective Assistance," Regional Studies, Taylor & Francis Journals, vol. 31(9), pages 859-865.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zoltan J. Acs & David J. Brooksbank & Colm O'Gorman & David G. Pickernell & Siri Terjesen, 2007. "The Knowledge Spillover Theory of Entrepreneurship and Foreign Direct Investment," Jena Economics Research Papers 2007-059, Friedrich-Schiller-University Jena.
    2. Huong Thu Le & Alison L. Booth, 2014. "Inequality in Vietnamese Urban–Rural Living Standards, 1993–2006," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 862-886, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Munday, Max & Pickernell, David & Roberts, Annette, 1999. "The Effectiveness of Regional Grant Aid: A Welsh Perspective," ERSA conference papers ersa99pa321, European Regional Science Association.
    2. Dimitris Skuras & Nick Tzamarias, 2000. "Job Creation by Assisted Rural Firms: a European North-South Perspective," Local Economy, London South Bank University, vol. 15(3), pages 225-237, September.
    3. Felsenstein, Daniel & Fleischer, Aliza, 1999. "Capital Assistance and Small Firm Growth: Implications for Regional Economic Welfare," ERSA conference papers ersa99pa395, European Regional Science Association.
    4. Gillespie, Gary & McGregor, Peter G. & Swales, J. Kim & Yin, Yan Ping, 1999. "A Computable General Equilibrium Approach to the Ex Post Evaluation of Regional Development Agency Policies," ERSA conference papers ersa99pa260, European Regional Science Association.
    5. Clément Carbonnier, 2008. "Fiscal competition between decentralized jurisdictions, theoretical and empirical evidence," THEMA Working Papers 2008-17, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    6. Paul Benneworth & Tiago Ratinho, 2014. "Reframing the Role of Knowledge Parks and Science Cities in Knowledge-Based Urban Development," Environment and Planning C, , vol. 32(5), pages 784-808, October.
    7. Inman, Robert P. & Rubinfeld, Daniel L., 1996. "Designing tax policy in federalist economies: An overview," Journal of Public Economics, Elsevier, vol. 60(3), pages 307-334, June.
    8. Elena G. Irwin & Andrew M. Isserman & Maureen Kilkenny & Mark D. Partridge, 2010. "A Century of Research on Rural Development and Regional Issues," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(2), pages 522-553.
    9. Plassmann, Florenz, 2005. "The advantage of avoiding the Armington assumption in multi-region models," Regional Science and Urban Economics, Elsevier, vol. 35(6), pages 777-794, November.
    10. Calvin Jones & Max Munday, 2001. "Blaenavon and United Nations World Heritage Site Status: Is Conservation of Industrial Heritage a Road to Local Economic Development?," Regional Studies, Taylor & Francis Journals, vol. 35(6), pages 585-590.
    11. Devereux, Michael P. & Griffith, Rachel & Simpson, Helen, 2007. "Firm location decisions, regional grants and agglomeration externalities," Journal of Public Economics, Elsevier, vol. 91(3-4), pages 413-435, April.
    12. Swales, J. Kim, 2008. "The Relative Efficiency of Automatic and Discretionary Industrial Aid," SIRE Discussion Papers 2008-50, Scottish Institute for Research in Economics (SIRE).
    13. Chan Sok GEE & Mohd Zaini Abd KARIM, 2011. "Fdi´S Country Of Origin And Output Growth: The Case Of Malaysia?S Manufacturing Sector, 1991-2006," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(1).
    14. Michael Keane & Eoghan Garvey, 2006. "Measuring the employment effects of the rural renewal tax scheme," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 359-374.
    15. Michael Devereux & Rachel Griffith & Helen Simpson, 2004. "Agglomeration, regional grants and firm location," IFS Working Papers W04/06, Institute for Fiscal Studies.
    16. Nicholas A Phelps & Mark Tewdwr-Jones, 2000. "Scratching the Surface of Collaborative and Associative Governance: Identifying the Diversity of Social Action in Institutional Capacity Building," Environment and Planning A, , vol. 32(1), pages 111-130, January.
    17. E McVittie & J K Swales, 1999. "Sector-Specific Factor Subsidies and Employment in a Regional Price-Endogenous Export-Base Model," Environment and Planning A, , vol. 31(12), pages 2145-2168, December.
    18. Harald Lang & Armin-D. Riess, 2019. "Shadow wages in cost-benefit rules for project and policy analyses: estimates for OECD countries," DEM Discussion Paper Series 19-05, Department of Economics at the University of Luxembourg.
    19. Psaltopoulos, Demetrios & Skuras, Dimitris & Thomson, Kenneth J., 2011. "Employment effects of private investment initiatives in rural areas of southern Europe: A regional SAM approach," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 12(2).
    20. J.H.L. Dewhurst, 2000. "Foreign Direct Investment and Development-agency Intervention: A Theoretical Model," Urban Studies, Urban Studies Journal Limited, vol. 37(3), pages 497-511, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:35:y:2001:i:3:p:271-277. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.