Income Interdependence in the UK Multi-Regional Economy

主讲人:Prof. Geoffrey Hewings(University of Illinois at Urbana-Champaign)
时间:2022年12月13日上午9:30-10:30   地点:Zoom会议:811 4101 8957

 【摘要】Consumer expenditures in the United Kingdom account for over 50% of Gross Domestic Product on the expenditure side, yet their impact on economic activity is often overshadowed by attention to technological change, value chain analysis and especially international trade. In this paper, a recently developed interregional model of the UK economy, SEIM (Socio-Economic Impact Model) will be used to provide some parallel perspectives to the role of interregional trade in goods and services by focusing on the interregional structure and impact of income and expenditures by households. Drawing on the original contributions of Miyazawa (1976) to highlight the contribution and structure of income interdependence complemented by interpretations offered by average propagation length, field of influence, and feedback loop analyses. The findings reveal the nature and strength of asymmetries in the structure of income formation and their impacts across the multiregional system. While there is only modest variation in aggregate income propagation by region, the accumulation of income is dominated by regions in the London area and secondarily by other metropolitan areas providing a source of explanation for the sustained income inequalities that have characterized the UK economy for almost a century.


【报告人简介】 Professor Geoffrey Hewings is currently Professor Emeritus (Economics, Agricultural Economics, Geography & Regional Science and Urban and Regional Planning) and Director Emeritus of the Regional Economics Applications Laboratory at the University of Illinois at Urbana-Champaign. His main interests center on the development and application of regional and interregional economic models under conditions of limited information. He has worked in Brazil, Colombia, Chile, Korea, Japan, China, Indonesia, and several countries in Europe. He is a Fellow of the Regional Science Association International and the International Input-Output Association (of which he served as President between 2010-2012). He won ‘2003 Walter Isard Award’, which is the best award in the field of Regional Science. He received the 2020 Founder’s Medal from the Regional Science Association International (RSAI). He has been a frequent visitor to AMSS. He was awarded a Distinguished Scientists under the CAS President’s International Fellowship Initiative for 2018.