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National Institute Economic Review articles from August 1993
Quarterly publication publishes research, commentary and forecasts on economic and social issues, includingeconomic modeling and analysis, productivity and competitiveness and education and training.
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National Institute Economic Review archives from August 1993
The UK economy. (includes related articles)
August 1, 1993... Section I. Recent Developments and Summary of the Forecast
The economic recovery in the UK is continuing to progress, with provisional estimates suggesting that the level of non-oil GDP in the first half of the year was over 1 per cent higher...
The state of the public finances. (includes related article)
August 1, 1993... Introduction
The public sector borrowing requirement (PSBR) was |pounds~36.7 billion (6 per cent of GDP) in the last fiscal year and was forecast by the government in the March Budget to rise to |pounds~50 billion (8 per cent of GDP) in the...
The world economy.
August 1, 1993... part of the renewed commitment of the Italian government to curtail the country's budget deficit and reduce the level of debt. The stock of outstanding debt has reached the record level of L1,700,000bn (over 110 per cent of GDP), rising 1.8 per...
Electricity and the primary fuels: technology, market structure and prices. (includes related articles)
August 1, 1993... only short periods. The RECs have therefore understandably been eager to balance their risks by concluding long-term purchase contracts (15 years) from the IPPs, whose market power to squeeze the RECs is negated by the fact that most IPPs are...
Comparative properties of models of the UK economy. (includes related articles)
August 1, 1993... it is the interest rate effect which dominates the increase in government expenditure. The exchange rate appreciates giving a large increase in the real rate, so the increase in GDP and reductions in unemployment are completely crowded out by the...
Capital stocks and productivity in industrial nations.
August 1, 1993... 1. Introduction
Differences in physical capital intensity are frequently thought to be important determinants of differences in both productivity levels and growth rates across nations. But quantifying the impact of physical capital on...