The UK Competitiveness Index 2002
Competitiveness is now firmly embedded within economic policies around the world. Measuring, understanding and analysing competitiveness at a number of geographic levels has become a vital factor in creating an intelligent and innovative policy environment. The State of Urban Britain report takes competitiveness analysis to new levels in the UK through the incorporation of a unique estimation model established and developed by Robert Huggins Associates, which measures for the first time in the UK productivity and GDP per capita at the city, metropolitan borough and ward levels. Taking the analysis to a micro level facilitates an examination of the underlying causes of both strong and weak competitiveness within the UK’s population centres.
The report measures the total competitiveness of urban Britain at a number of levels:
- Its cities – covering 56 city areas;
- Its metropolitan boroughs - covering 70 boroughs within the following metropolitan counties and areas;
Greater London; the West Midlands; Merseyside; Greater Manchester; West Yorkshire; South Yorkshire; Tyneside
- Its urban wards – covering the 1,672 wards within the metropolitan counties and areas listed above.
These geographic levels are analysed via three key indices:
- The UK City Competitiveness Index 2002
- The UK Metropolitan Competitiveness Index 2002
- The UK Urban Competitiveness Index 2002.
The report contains indices for the following datasets at the city, metropolitan borough and ward level:
- Productivity is a key measure of competitiveness and, in this case, is gauged by the economic output per worker within a defined geographic area.
- Gross Domestic Product (GDP) per Capita is the most important measure of the economic activity of an area, indicating the historical impact of competitiveness.
- Average Earnings reflect the pay levels of the employed workforce, with high earnings being an indicator of area competitiveness if they are also supported by high productivity.
- Business Density is a strong measure of the potential for sustainable economic growth through the generation of new entrepreneurs and new firms.
- Knowledge-based Business is now recognised as the key driver of economic growth at all levels, and provides a crucial link between firm-based competitiveness, in terms of innovation, and aggregated geographic-based
- Economic Activity Rates currently provide the most robust measure of the ‘raw’ human capital available at an area level (this measure is excluded from the UK Urban Competitiveness Index due to a lack of data at the ward level).
- Unemployment is a key measure of labour market performance, with unemployment rates indicating the ‘tightness’ of a labour market.
The report consists of 180 pages with 85 data tables and figures. It also contains a foreword by Will Hutton, in which he comments that "to be successful will require much more local political direction, autonomy, planning and financial power than our cities currently possess. They are Europe's political and financial weaklings. But they are also where the bulk of the electorate live."
Number of Pages: 180 pages