Coffey, D, Thornley, C and Tomlinson, PR (2022) Industrial policy, productivity and place: London as a ‘role model’ and High Speed 2 (HS2). Regional Studies. 1 - 13. ISSN 0034-3404

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Britain’s industrial strategy, preoccupied with labour productivity, projects London as a role model because of a high gross value added (GVA) to employment ratio, an approach since followed in the national ‘levelling-up’ agenda. We demonstrate that this is misplaced: it misses the subtleties of how positive agglomeration effects act and ignores how negative effects can, for distributional reasons, cause real as well as GVA-measured productivity to rise in a misleading way. We consider the implications for both London and infrastructure projects designed to reduce productivity differentials by improving connectivity with other cities, such as the ambitious but flawed High Speed 2 (HS2).

Item Type: Article
Additional Information: © 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (, which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HJ Public Finance
J Political Science > J General legislative and executive papers
Divisions: Faculty of Humanities and Social Sciences > Keele Business School
Depositing User: Symplectic
Date Deposited: 24 Nov 2022 10:48
Last Modified: 24 Nov 2022 10:48

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