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VOX:
Effectiveness of place-based policies: UK evidence

7 April 2016

Areas experiencing poor economic performance are often targeted by governments with programmes aimed at improving employment. However, there are concerns that any increases in employment come at the cost of reduced employment elsewhere. This column, by Elias Einiö and Henry Overman examines the displacement effects of one such programme in the UK. While employment increased within the targeted areas, there were comparable decreases in employment just outside the areas' boundaries. These findings suggest place-based policies should focus on traded activities that are less susceptible to local displacement effects.

This article appeared in VOX 07 April 2016. Link to Full Article.

Related links
Elias Einiö webpage
Henry Overman webpage
CEP Urban Programme website

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