The Property Market and Industrial Location

John K Bowers, Stephen Dobson and John Goddard

Scottish Journal of Political Economy, 1989, vol. 36, issue 1, 1-18

Abstract: Evidence is presented of persistent interregional differentials in growth rates of industrial property prices in the United Kingdom. Some simple two-region models of the location decision in the presence of expected property value growth differentials are derived and the predictions of these models evaluated against available evidence of the size of critical parameters. It is concluded that there is an incentive to locate new plants in the high growth region. A differential building grant is proposed as a corrective policy and the size required to offset the disadvantage of the northern regions of the United Kingdom is calculated. Copyright 1989 by Scottish Economic Society.

Date: 1989
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:scotjp:v:36:y:1989:i:1:p:1-18

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0036-9292

Access Statistics for this article

Scottish Journal of Political Economy is currently edited by Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

More articles in Scottish Journal of Political Economy from Scottish Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().