Nathan, Max, Overman, Henry G. ORCID: 0000-0002-3525-7629, Riom, Capucine and Sanchez Vidal, Maria
(2024)
Multipliers from a major public sector relocation: the BBC moves to Salford.
CEP Discussion Papers (CEPDP2042).
London School of Economics and Political Science. Centre for Economic Performance, London, UK.
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Abstract
This paper considers the impact of a major public sector relocation: the British Broadcasting Corporation's partial move from London to Salford, Greater Manchester starting in 2011. We identify effects of the move using synthetic control methods applied to plant-level data at Local Authority and Travel to Work Area level. Each BBC job creates on average 0.33 additional jobs in the creative industries, rising to 0.55 additional jobs by 2017, and the relocation had an impact on sectoral and firm composition. We find no significant effect on total employment but a small positive effect on Local Authority average wages.
Item Type: | Monograph (Discussion Paper) |
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Official URL: | https://cep.lse.ac.uk/_new/publications/discussion... |
Additional Information: | © 2024 The Author(s) |
Divisions: | Centre for Economic Performance Geography & Environment LSE |
Subjects: | H Social Sciences > HC Economic History and Conditions |
JEL classification: | H - Public Economics > H7 - State and Local Government; Intergovernmental Relations > H70 - General R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade |
Date Deposited: | 13 Feb 2025 14:18 |
Last Modified: | 13 Feb 2025 14:18 |
URI: | http://eprints.lse.ac.uk/id/eprint/126763 |
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