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Differences in household income per head over the UK trade cycle; a comment

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  • Peter Gripaios
  • Ben Gripaios
  • Sarah Keast
  • Nick Wiseman

Abstract

In a recent short paper Dewhurst (1998) demonstrated that, from 1984-93, there was convergence in GB regional and household incomes per head during slumps and divergence during booms. This paper suggests that these findings are the result of two main influences. The first is the fact that the cycle is damped in more peripheral and lower mean household income per head areas and the second that there is a time in the cycle lag between an upturn or downturn in Greater London / the rest of the South East and the same effect in more distant locations. Various suggestions are put forward for these results. There is also discussion of the usefulness of these results for forecasting purposes.

Suggested Citation

  • Peter Gripaios & Ben Gripaios & Sarah Keast & Nick Wiseman, 1999. "Differences in household income per head over the UK trade cycle; a comment," Applied Economics Letters, Taylor & Francis Journals, vol. 6(8), pages 471-476.
    • Handle: RePEc:taf:apeclt:v:6:y:1999:i:8:p:471-476
    DOI: 10.1080/135048599352754
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    Cited by:

    1. Paul Bishop & Peter Gripaios, 2010. "Personal Insolvency in England and Wales: A Spatial Analysis," Urban Studies, Urban Studies Journal Limited, vol. 47(8), pages 1687-1702, July.
    2. Peter Gripaios & Paul Bishop & Sarah Keast, 2000. "Differences in GDP per head in GB counties: some suggested explanations," Applied Economics, Taylor & Francis Journals, vol. 32(9), pages 1161-1167.
    3. Paul Bishop & Peter Gripaios, 2006. "Earnings convergence in UK counties: a distribution dynamics approach," Applied Economics Letters, Taylor & Francis Journals, vol. 13(1), pages 29-33.
    4. Paul Bishop & Peter Gripaios, 2004. "Earnings biases and convergence in the UK: a county level analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 11(1), pages 33-37.

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