Table of Contents
The David Hume Institute The Royal Society of Edinburgh, 10 December2002 The Limits to Devolution: Some Results from the ESRC’s Research Programme on Devolution and Constitutional Change The Economic Consequences of the Barnett Formula for the Scottish Economy*
Introduction
The Barnett Formula: Background
The Barnett Formula: Limitations of Existing Analyses
Barnett Equilibria
The Barnett Formula’s Impact on the Scottish Economy: Likely Direction of Effects
The Barnett Formula’s Impact on the Scottish Economy: Simulation Model & Results
Percentage Changes in Employment in Scotland Induced by Imposing Barnett Equilibrium
Conclusions & Focus of Future Research
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Author: GARY GILLESPIE
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