Scotland’s Economic Progress 1951-1960 : A Study in Regional Accounting book cover
1st Edition

Scotland’s Economic Progress 1951-1960
A Study in Regional Accounting

ISBN 9781032076874
Published October 13, 2021 by Routledge
180 Pages

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Book Description

Originally published in 1965, this book subjected the economic performance of Scotland to close examination. The progress of the Scottish economy from 1951 to 1960 was assessed in quantitative terms and estimates provided of Scottish gross domestic product, income from employment, gross profits and other economic statistics. Chapters are devoted to output and investment in manufacturing in industry and to personal income and expenditure. The results showed the extent to which the Scottish economy lagged behind the rest of the UK, especially during the latter part of the decade.

Table of Contents

1. Introduction 2. Gross Domestic Product and Its Composition 3. Income from Employment, Gross Profits and Other Trading Income 4. The Output of Manufacturing Industry 5. The Prices of Manufacturing Output 6. Personal Income in the Standard Regions of the United Kingdom 7. Personal Income in the Main Regions and Counties of Scotland 8. Consumers’ Expenditure in the Standard Regions 9. Investment in Scotland and Other Regions of the United Kingdom 10. Investment and Growth 11. Summary of the Main Findings and the Need for Further Improvement in Regional Statistics 12. The Implications for Policy Appendix: Sources and Methods Part 1: Gross Domestic Product and the Output of Manufacturing Industry 1. Agriculture, Forestry and Fishing 2. Manufacturing, Mining and Quarrying, Gas, Electricity and Water 3. Construction 4. Transport and Communication 5. Distributive Trades 6. Insurance, Banking and Finance 7. Other Services 8. Public Administration and Defence 9. Public Health Services 10. Local Authority Educational Services 11. Ownership of Dwellings 12. Domestic Services to Households 13. Services to Private Non-Profit Making Bodies 14. Gross Domestic Product at Constant Prices.

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Gavin McCrone