Published online by Cambridge University Press: 26 March 2020
The publication on 5 April 1967 by the Department of Economic Affairs and the Treasury of the paper containing a proposal for a regional employment premium is a notable event for at least two reasons. In the first place it establishes an important precedent in what is essentially the budgetary field by putting forward a government proposal for public discussion in advance of the introduction of any specific measure of legislation. In the second place it provides a brief and lucid analysis of the problem of the development areas as a background for the proposals that it develops.
This note was prepared by A. J. Brown, assisted by H. Lind and J. Bowers, of the National Institute. Professor Brown, who is at present on leave of absence from Leeds University, is directing a study of regional economic development at the Institute.
note (1) page 26 The Development Areas : A Proposal for a Regional Employment Premium, H.M. Treasury, Department of Economic Affairs, HMSO, 5 April 1967.
note (1) page 29 E. Nevin, A. R. Roe and J. I. Round, ‘Structure of the Welsh Economy’, Welsh Economic Studies, No. 4, University of Wales Press, September 1966.
note (1) page 30 See, for instance, Lipsey, Economica, 1960, and Archibald, Oxford Economic Papers, March 1967.
note (2) page 30 This and the following estimates are derived from a tentative evaluation of the appropriate regional multiplier set out in the Appendix.
note (1) page 33 See Economic Journal, Vol. 72, 1962.