Universal Basic Income as an instrument of regional development policy: a micro–macroeconomic analysis for Scotland
نویسندگان
چکیده
Regional development now encompasses inclusive growth so that welfare spending becomes a potentially important policy for regions with devolved powers. Universal Basic Income (UBI), an unconditional payment to all citizens, has been gaining traction, including internationally. We provide system-wide analysis of region-specific UBI Scotland on the level and distribution regional activity. Using both micro- macroeconomic models, we find although beneficial effect equity among households, it may adversely impact economic activity unless there is social contract in place and/or substantial stimulus productivity.
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ژورنال
عنوان ژورنال: Regional Studies
سال: 2021
ISSN: ['1360-0591', '0034-3404']
DOI: https://doi.org/10.1080/00343404.2021.1957090