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Narratives as a coordinating device for reversing regional disequilibrium

Abstract:

Substantial differences in productivity, accompanied by growing social and political discontent, have widened across UK regions in the last 40 years, creating a dysfunctional spatial equilibrium; a coordination failure that has so far proved resistant to change. In this paper, we link such persistent regional disequilibria with current socio-psychological theories about the role of narrative in decision-making under radical uncertainty to explore how and why ideas held collectively within a s...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1093/oxrep/graa060

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Institution:
University of Oxford
Division:
SSD
Department:
Blavatnik School of Government
Role:
Author
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Name:
Economic and Social Research Council
Grant:
ES/R00787X/1
Publisher:
Oxford University Press
Journal:
Oxford Review of Economic Policy More from this journal
Volume:
37
Issue:
1
Pages:
97-112
Publication date:
2021-04-05
DOI:
EISSN:
1460-2121
ISSN:
0266-903X
Language:
English
Keywords:
Pubs id:
1171438
Local pid:
pubs:1171438
Deposit date:
2021-04-14

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