Oxford-Milton Keynes- Cambridge Growth Corridor Symposium Professor Pete Tyler

Transcription

1 Oxford-Milton Keynes- Cambridge Growth Corridor Symposium Professor Pete Tyler Lucy Cavendish College 21 November 2018

2 The Objective In his letter of 16 th March 2016 to Lord Adonis (National Infrastructure Commission), the then Chancellor of the Exchequer, George Osborne, highlighted the need for a more detailed review to: make recommendations to maximise the potential of the Cambridge Milton Keynes Oxford corridor as a single, knowledge-intensive cluster that competes on the global stage and to look at the priority infrastructure improvements needed, and assess the economic case for which investments would generate the most growth.

3 The Geography Greater Northampton Sub-area Greater Oxford and Swindon Sub-area Greater Cambridge and Northern Hertfordshire Subarea Milton Keynes, Luton, Bedfordshire, Aylesbury Vale Sub-area

4 Wish to consider two key elements u The potential for growth u The potential impact on the geography of growth in the United Kingdom

5 Determinants of City Economic Performance 5

6 Transport (Rail Connectivity, 2013) Knowledge and Skills (Share of High Skilled Workers, 2013) Energy (Electricity MPANs, 2013) Capital Investment (Investment- Output Ratio, 2013) Industrial Structure (Krugman Specialisation Index, 2013) Water Supply Infrastructure Digital (ICT Connectivity, 2013) Waste Infrastructur e LAD Productivity Level ( 2012m, GVA per worker, 2013) Demographics (Dependency Ratio, 2013) Business Environment (Employment Density, 2013)

7 Employment and Output Growth Across 63 UK Cities, , Grouped into North (Red) and South (Blue) (Gardiner, Martin and Tyler, 2015).

8 Cambridgeshire and other major UK Bioscience Clusters in International Perspective, 2011 (OECD) Total Life Science Patents per 10,000 Patents w o r k i n g a g e population Cambridgeshire, UK Inner London (West), UK Oxfordshire, UK Hertfordshire, UK Inner London (East), UK San Diego, USA Boston USA San Jose-San Francisco, USA Rayleigh-Durham-Chapel Hill, USA Seattle-Bellvue-Everett, USA Berlin, Germany Munich, Germany

9 The Scale of UK Spatial Imbalance 9

10 International Comparision of Regional (NUTS1) GVA Disparities (Source: Cambridge Econometrics and Martin et al (2014))

11 References u u u u u Gardiner, B, Martin, R and Tyler, P. (2013). Spatially Unbalanced Growth in the British Economy. Journal of Economic Geography. Gardiner, B, Martin, R and Tyler, P (2014). The Evolving Economic Performance of UK Cities, Foresight, Office of Science. Martin, R, Sunley, S, Tyler, P and Gardiner, B (2016). Divergent Cities in Post-Industrial Britain. Cambridge J Regions Econ Soc first published online May 9, doi: /cjres/rsw Martin R., Pike A., Tyler P. and Gardiner B (2015). Spatially Rebalancing the UK Economy: Towards a New Policy Model? Regional Studies. pages Martin, R, Sunley, S, Evenhuis, E, Gardiner, B and Tyler, P. Structural Change and Productivity Growth in Cities. Journal of Economic Geography, March Martin R., Sunley P, Tyler, P and Gardiner B How Regions React to Recessions: Resilience and the Role of Economic Structure. Regional Studies. Pgs Tyler, P, Martin, R, Sunley,S and Gardiner, B Growing Apart? Structural Transformation and the Uneven Development of British Cities. Cambridge Journal of Regions Economy and Society. Professor Peter Tyler pt23@cam.ac.uk 11

12 City Evolutions ( Structural Transformation, Adaptability and City Economic Evolution An ESRC-Funded Project (ES/N /1), University of Cambridge, UK (

13 Mistral ITRC (ESPRC Programme Grant). Aim: To develop and demonstrate a new generation of simulation models and tools to inform the analysis, planning and design of national infrastructure Ambition: Enabling a revolution in the strategic analysis of national infrastructure provision in the UK whilst at the same time becoming an international landmark programme recognised for novelty, research excellence and impact.