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Scotland's Economic Strategy

Published: 3 Mar 2015
ISBN:
9781785441721

Scotland’s Economic Strategy sets out a framework for a competitive and fairer Scotland.

84 page PDF

2.3MB

84 page PDF

2.3MB

Contents
Scotland's Economic Strategy
Footnotes

84 page PDF

2.3MB

Footnotes

1. ONS Labour Force Survey Oct-Dec 2014

2. Most recent data: GDP per head comparisons are for 2013; productivity comparisons are for 2013; and Oct-Dec 2014; GDHI is for 2012; and full-time gross median weekly pay is for April 2014.

3. Comparisons with the UK are for GDP per head using Quarterly National Accounts Scotland and ONS figures, and refer to the most recent set of consistent statistics, published in August. Scottish GDP is onshore only.

4. Comparisons with the rest of the UK are based on GVA per hour worked in 2013, published by ONS on 24 December 2014 and fully consistent with estimates of GDP per head on an ESA10 basis in the latest Quarterly National Accounts Scotland.

5. Gross Disposable Household Income ( GDHI)

6. Full-time Gross Median Weekly Pay

7. Quarterly National Accounts Scotland 2014 Q3 (table X1, provisional estimates of GDP on an ESA10 basis)

8. Scottish Government (2015) Global Connections Survey, http://www.gov.scot/Topics/Statistics/Browse/Economy/Exports/GCSIntroduction

9. Ernst and Young (2014) EY 2014 UK Attractiveness Survey - Scotland,
http://www.ey.com/UK/en/Issues/Business-environment/2014-Scotland-attractiveness-survey

10. ONS Labour Force Survey, Jul-Sep 2014, not seasonally adjusted. The ILO definition of underemployment covers those "aged 16 or over who are in work and would like to work longer hours in their current job, in an additional job or a different job altogether, at their current basic rate of pay, given the opportunity".

11. In 2012/13 16% of people in Scotland were living in relative income poverty. Scottish Government (2014) Poverty and Income Inequality in Scotland: 2012/13 http://www.gov.scot/Publications/2014/07/9247

12. Data from OECD international Gini comparisons post taxes and transfers, based on most recent year of data for each country. For most countries this is based on either 2012 or 2011 figures, figure for Belgium from 2010 data and figure for Japan based on 2009 data. Data for Scotland from 2012-2013 Family Resources Survey, Households Below Average Income ( HBAI) dataset.

13. In 2011, the OECD reported that income inequality among working age people increased more quickly in the UK than in any other OECD economy since 1975. OECD (2011) Divided We Stand: Why Inequality Keeps Rising. http://www.oecd.org/unitedkingdom/49170234.pdf

14. Scottish Government analysis of the Survey of Personal Incomes (Public Use Tape)

15. Scottish Government analysis of the Survey of Personal Incomes (Public Use Tape).
The Survey of Personal Incomes ( SPI) is based on information held by HMRC on individuals who could be liable to UK tax. The analysis presented in the chart only includes income (including employment and non-employment income) from taxpayers in Scotland for the given years. The SPI contains a small number of composite records which are created for people with very high incomes over a set threshold, these combine high income cases to provide an average income and anonomise the data. This analysis uses the information on composite records to create new records to represent the income of Scottish taxpayers only.

16. Scottish Government (2014) Wealth and Assets in Scotland: 2006-10
http://www.gov.scot/Topics/Statistics/Browse/Social-Welfare/IncomePoverty/wealthscotland

17. Scottish Government (forthcoming) Wealth and Assets in Scotland 2006 to 2012

18. Piketty, T. (2013) Capital in the Twenty-First Century

19. Ostry, J., Berg, A. and Tsangarides, C. (2014) Redistribution, Inequality and Growth IMF Staff Discussion Note
http://www.imf.org/external/pubs/ft/sdn/2014/sdn1402.pdf

20. Macroeconomic Fluctuations, Inequality and Human Development, Stiglitz, J, Jan 2012,
http://dx.doi.org/10.1080/19452829.2011.643098

21. Joseph Stiglitz has written extensively on the subject of inequality, for further information see: Economic Consequences of Income Inequality, Furman, J & Stiglitz, J, 1998, http://www.kc.frb.org/publicat/sympos/1998/S98stiglitz.pdf

22. Mazzucato, M (2013), 'The entrepreneurial state'

23. Cingano, F. (2014) Trends in Income Inequality and Its Impact on Economic Growth OECD SEM Working Paper No. 163,
http://www.oecd.org/els/soc/inequality-and-poverty.htm

24. United Nations Human Development Index 2013 http://hdr.undp.org/en/content/table-1-human-development-index-and-its-components

25. Those with poor health are less likely to be in employment. In 2012 70.6% of those aged 16-64 were in employment, of those with a disability or long-term limiting health condition 45.6% were in employment. Local Area Labour Markets in Scotland: Statistics from the Annual Population Survey publication. http://www.gov.scot/Topics/Statistics/Browse/Labour-Market/Local-Authority-Tables

26. Estimates were produced for the EU-25 in 2004. Mackenbach, J, Meerding, W. and Kunst, A. (2007) Economic Implications of Socio-economic Inequalities in Health in the European Union Directorate-General for Health and Consumers
http://ec.europa.eu/health/ph_determinants/socio_economics/documents/socioeco_inequalities_en.pdf

27. Bradshaw, P (2011) Growing Up In Scotland: Changes in child cognitive ability in the preschool years, Edinburgh, Scottish Government;
http://www.gov.scot/resource/doc/350161/0117210.pdf

28. The latest data available is for academic year 2012-13, which shows 13% of Scottish domiciled entrants to full-time undergraduate courses come from the most deprived 20% of society. (Source: analysis of Higher Education Statistics Agency data)

29. ONS Regional Gross Value Added (Income Approach), Workplace Based. 2013 Figures at NUTS3 Level
http://www.ons.gov.uk/ons/rel/regional-accounts/regional-gross-value-added--income-approach-/index.html

30. ONS Regional Gross Value Added (Income Approach), Workplace Based. 2013 Figures at NUTS3 Level
http://www.ons.gov.uk/ons/rel/regional-accounts/regional-gross-value-added--income-approach-/index.html. GVA per head is measured on a workplace basis where output is allocated to the area where the economic activity takes place, not to where the workers reside. It is not a direct indicator of residents' income because many people live and work in different areas.

31. There are 6,505 datazones across Scotland.
http://simd.scotland.gov.uk/publication-2012/introduction-to-simd-2012/overview-of-the-simd/what-is-the-simd/

32. The latest State of the Economy report is available from http://www.gov.scot/Topics/Economy/state-economy. The National Performance Framework can be accessed from http://www.gov.scot/About/Performance/purposestratobjs

33. Global Entrepreneurial Monitoring Scotland 2013 http://www.gemconsortium.org/docs/download/3348

34. Scottish Government (2014) Reindustrialising Scotland For the 21st Century http://www.gov.scot/Publications/2014/06/5184

35. For example, median annual gross earnings, for full-time employees in Scotland, in the manufacturing sector (£27,486 in 2014) are above the Scottish median (£27,046). Earnings are particularly high in a number of subsectors including manufacture of machinery and equipment (£35,617) and pharmaceuticals (£37,560). Annual Survey of Hours and Earnings 2014

36. For example, analysis by Harris & Moffat (2013) finds that over the period 1997-2008, "…foreign owned firms contributed relatively more to aggregate productivity growth than UK-owned plants over the period." The Contribution of FDI to Productivity Growth in Britain, 1997-2008, Harris and Moffat, March 2013

37. Annual Population Survey 2012 and 2013 as cited in the Scottish Government Equality Evidence Finder
http://www.gov.scot/Topics/People/Equality/Equalities

38. ONS Labour Force Survey, Jul-Sep 2014, not seasonally adjusted. The ILO definition of underemployment covers those "aged 16 or over who are in work and wou ld like to work longer hours in their current job, in an additional job or a different job altogether, at their current basic rate of pay, given the opportunity"

39. ONS, Labour Force Survey, Oct-Dec 2014

40. Youth Unemployment Rates are non-seasonally adjusted - estimates for Scotland and UK are from the Labour Force Survey ( LFS) Oct-Dec 2014 and covers those aged 16-24 while the figures for Denmark and Finland are from Eurostat and cover those aged 15-24.

41. Spain (52.2%), Greece (50.3%), Croatia (48.1%), Italy (46.5%), Portugal (33.9%), Cyprus (31.8%) and Slovakia (30.2%). Source: Eurostat November 2014

42. Headline Unemployment Rates are seasonally adjusted - estimates for Scotland and UK are from the Labour Force Survey ( LFS) Oct-Dec 2014 and covers those aged 16+ while the figures for Denmark and Finland are from Eurostat and cover those aged 15-74.

43. National Records of Scotland 2010-based population projections are used for this comparison. While they are not fully comparable because of timing differences they provide a better comparison with Eurostat data, than the 2012-based population projections.

44. Eurostat data does not cover Croatia who joined in 2013.

45. The working age population in Scotland is projected to increase by 4.0% between 2012 and 2037. Source: National Records of Scotland 2012-based population projections http://www.nrscotland.gov.uk/statistics-and-data/statistics/statistics-by-theme/population/population-projections

46. National Records of Scotland 2010-based population projections are used for this comparison.
http://www.nrscotland.gov.uk/statistics-and-data/statistics/statistics-by-theme/population/population-projections/population-projections-scotland
Data sources: ONS National Population Projections http://www.ons.gov.uk/ons/rel/npp/national-population-projections/2010-based-projections/index.html, Eurostat database http://appsso.eurostat.ec.europa.eu/nui/submitViewTableAction.do.
Notes: Care should be taken when making comparisons as Eurostat and the ONS/ NRS use different methodologies when calculating population estimates and projections and as such data is not directly comparable.

47. The Infrastructure Investment Plan ( IIP) 2011 sets out investment priorities over the period to 2030. It is available online at:
http://www.gov.scot/Topics/Government/Finance/18232/IIP. The National Planning Framework 3 ( NPF) sets the context for development planning in Scotland and provides a framework for the spatial development of Scotland as a whole, including priorities over the next 20-30 years. It is available at http://www.gov.scot/Topics/Built-Environment/planning/NPF3-SPP-Review/NPF3

48. Further information is provided in Scotland's Digital Future: Infrastructure Action Plan, available at:
http://www.gov.scot/resource/doc/981/0114237.pdf

49. http://stakeholders.ofcom.org.uk/binaries/research/infrastructure/2014/infrastructure-14.pdf

50. http://www.cando.scot/

51. http://wescotland.co.uk/influence/framework/

52. http://www.scotedge.com/

53. http://www.gov.scot/Publications/2014/06/2708/0

54. University of Glasgow (Forthcoming), Analysis of the Impact and Value of Community Benefit Clauses in Procurement

55. Ibid

56. Further information on the Scottish Government's approach to innovation is provided in the Scottish Government's innovation and entrepreneurship framework Scotland CAN DO - http://www.gov.scot/Publications/2013/11/7675

57. http://www.scottish-enterprise.com/knowledge-hub/articles/comment/supporting-a-new-culture-of-innovation

58. http://www.hie.co.uk/business-support/innovation-r-d/innovate-your-business.html

59. http://www.s3vanguardinitiative.eu/

60. For example, in 2011-12 of the £905 million invested by universities in R&D, almost £300 million was provided through SFC with the remainder coming from other sources (such as Research Councils, and charities).

61. Student numbers: SFC publication, March 2014
http://www.sfc.ac.uk/communications/Statisticalpublications/2014/HigherEducationStudentsandQualifiersatScottishInstitutions201213.aspx

62. ibid

63. Eileen Appelbaum, Jody Hoffer Gittell and Carrie Leana (2011) High-performance Work Practices and Sustainable Economic Growth, Centre for Economic Policy and Research

64. http://www.gov.scot/Publications/2014/08/4647

65. http://www.gov.scot/Topics/Justice/justicestrategy/programmes/building-safer-communities

66. Data for Scotland on compensation of employees' as a share of GDP only covers recent years.

67. Scottish Government analysis of Survey of Personal Incomes (Public Use Tape).

68. http://www.gov.scot/Resource/0042/00425244.pdf Source: ASHE 2012, ONS

69. Scottish Government, 'What do we know about In-Work Poverty? A summary of the evidence', 2015,
http://www.gov.scot/Publications/2015/01/3233

70. https://hbr.org/resources/pdfs/comm/achievers/hbr_achievers_report_sep13.pdf

71. See: Scottish Government, Achieving our Potential, (2008), http://www.gov.scot/Resource/Doc/246055/0069426.pdf; Scottish Government, Equally Well, (2008), http://www.gov.scot/resource/doc/229649/0062206.pdf; Scottish Government, Early Years Framework (2009),
http://www.gov.scot/Resource/Doc/257007/0076309.pdf.

72. Bromly, C. and Cunningham-Burley, S. (2010) Growing Up in Scotland: Health Inequalities in the Early Years

73. The latest data available are for academic year 2012-13, which shows 13% of Scottish domiciled entrants to full-time undergraduate courses come from the most deprived 20% of society. (Source: analysis of Higher Education Statistics Agency data)

74. http://www.hie.co.uk/community-support/community-broadband-scotland/

75. The Anholt-GfK Roper Nation Brand Index ( NBI) is an annual global survey from GfK Public Affairs & Corporate Communications, which measures the image of 50 nations: http://www.gov.scot/Publications/2014/12/4339/0

76. Scottish Government, Global Connections Survey 2013, 2015,
http://www.gov.scot/Topics/Statistics/Browse/Economy/Exports/GCSIntroduction/GCS2013PDF

77. EY, UK upstream oil and gas supply chain, Economic contribution, 2014, http://www.oilandgasuk.co.uk/knowledgecentre/economic-contribution.cfm

78. Scottish Enterprise, Survey of International Activity in the Oil & Gas Sector, 2014,
http://www.scottish-enterprise.com/knowledge-hub/articles/insight/scottish-oil-and-gas-exports-reach-10-billion?intcmp=hp08-2014wk20

79. European Commission, EU position in world trade, Retrieved 19 February 2015, http://ec.europa.eu/trade/policy/eu-position-in-world-trade/

80. As these documents are published further information will be provided on the Scottish Government website -
http://www.gov.scot/78/Publications/Recent


Contact

Email: Natalie Hemmings, natalie.hemmings@scotland.gsi.gov.uk