Centre for Economic Performance (CEP)

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All Is Not Equal

Andrew B.  Bernard,  Stephen  Redding,  Peter K.  Schott,  Helen  Simpson,  June 2003
Paper No' CEPCP143: Full paper (pdf)
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Theory suggests that market forces should bring the relative pay of skilled workers into line in different regions within a country. Andrew Bernard, Stephen Redding, Peter Schott and Helen Simpson show that this is not the case for the UK and argue that regional industrial policy needs to take this into account.

CentrePiece 8 (2) Summer2003 pages: 02-Jul-2015 00:00:00

This article is based on 'Factor Price Equalization in the UK?', CEP Discussion Paper No. 547. The authors gratefully acknowledge the financial support that they received from the ESRC for this research.