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My LMH Annual Research Reports:2003-2004 Publications Political Quarterly (with Christopher Wlezien and Iain McLean), April 2004, vol. 75, no. 2, pp. 121-131. Edited with Iain McLean and Chris Wlezien (London: Office of the Deputy Prime Minister), 2003. 2002-2003 Publications Economica, February 2003, vol. 70, no. 277, pp. 121-141. Chapter 18 in Economics and Economic Change: Macroeconomics, Open University, 2003. 2001-2002 Publications Oxford Review of Economic Policy, Winter 2002, vol. 18, no. 4, pp. 479-494 (with Chris Wallace). Regional Studies, vol. 36, no. 1, pp. 1-11, 2002 (with John Muellbauer and Jonathan Snicker). In Owen, N. and Snicker, J. eds. Russia and Britain: Searching for Good Government, Moscow: British Council, 2001 (in Russian translation). 2000-2001 Publications Journal of Applied Econometrics, vol. 16, 3, pp. 203-220, 2001 (with John Muellbauer). My Nuffield College Annual Research Reports:1999-2000 Gavin Cameron (Research Fellow) continued to work on the ESRC project ‘Modelling Non-stationarity in Economic Time-Series’ with John Muellbauer, David Hendry, and Jurgen Doornik. His research focussed on two main areas. First, on economic growth. He worked with Cecilia Garcia-Penalosa and Bertrand Koebel (Magdeburg) on the effects of international trade in intermediate goods, and with Louise Keely (New College) on the economics of science, especially whether private and public R&D are complements or substitutes. Second, he continued to work with John Muellbauer on a variety of UK labour and housing market issues. Their work on errors in the UK regional accounts in the 1980s attracted considerable media interest, including some dramatic misquotations! During the year he presented his work at the Centre for Economic Performance, LSE, and in Oxford. In October, he will be leaving Nuffield to take up an Official Fellowship and University Lectureship at Lady Margaret Hall. Publications Chapter 6 in (eds) Barrell R., Mason, G. and O'Mahony, M., Productivity, Innovation and Economic Performance , London: Cambridge University Press, 2000 (with James Proudman and Stephen Redding). Economic Journal, vol. 110, no. 464, pp. F412-F429, June 2000 (with John Muellbauer). Gavin Cameron (Research Fellow) continued to work on the ESRC project ‘Modelling Non-stationarity in Economic Time-Series’ with John Muellbauer, David Hendry, and Jurgen Doornik. His research focussed on two main areas. First, on the relationship between economic growth and international trade. Three papers (written with James Proudman and Stephen Redding) were published in a Bank of England book on the effect of openness and growth on UK manufacturing. He also started work with Cecilia García-Peñalosa and Bertrand Koebel (Magdeburg) on the effects of international trade in intermediate goods, the idea being that imported intermediates might be substitutes for unskilled workers and complements for skilled workers, so that increased intermediate trade might drive down the relative wages of the unskilled. Second, he continued to work with John Muellbauer on a variety of UK labour and housing market issues. In a paper on regional wages and unemployment, they found that the housing market had a strong effect on regional wages and that unemployment had a bigger negative effect on the wages of manual men than of non-manual men. Another paper revealed some problems in the construction of the UK regional accounts measures of earnings, which have important implications for studies of regional consumption and of regional convergence. It turns out that the regional accounts understate the relative rise in the fortunes of the South East in the 1980s, and therefore understate the amount of regional divergence in that period. During the year he presented his work at the University of Washington in Seattle; the European Economic Association in Santiago de Compostela; and in Glasgow and Oxford. Publications Gavin Cameron (Research Fellow) continued to work on the ESRC project ‘Modelling Non-stationarity in Economic Time Series’ with John Muellbauer, David Hendry, and Jurgen Doornik. This principally involved research into housing markets and regional earnings differentials with John Muellbauer. This research suggests that although regional migration and commuting do respond to economic factors such as relative earnings and house prices, they are not of a sufficient magnitude to contain inflationary pressures during the upswing of the business cycle. Indeed, high house prices in the South East discourage immigration into that region, which exacerbates the ‘North-South’ divide. He also continued to work with James Proudman (Bank of England) and Stephen Redding (LSE) on economic growth in the UK and the USA, and on the relationship between trade and growth. This work suggests that sectors of UK manufacturing that are more open to trade tend to catch-up faster towards US productivity levels, although substantial productivity gaps remain, even in equilibrium. The results of this research project will shortly be published as a book. During the year he presented his work at a National Institute conference in London, at Lancaster University, the Royal Economic Society conference in Warwick, the Irish Economic Association conference in Limavaddy, and the European Economic Association conference in Berlin. Publications Gavin Cameron (Research Officer) was awarded a D Phil for his doctoral work on innovation and economic growth. He continued to work on the ESRC project ‘Modelling Cointegrated Processes’ (with John Muellbauer, David Hendry, and Jurgen Doornik). This principally involved research into consumer expenditure, housing markets, and income forecasting with John Muellbauer. He worked with James Proudman and Stephen Redding (Bank of England) on economic growth in the UK and the USA and on the relationship between trade and growth. In September, the results of this research project were presented at a one-day conference at the Bank of England. During the year he also presented his work at seminars in London and Oxford. Publication Gavin Cameron (Research Officer) continued to work on the ESRC project 'Modelling Cointegrated Processes' (with John Muellbauer, David Hendry, and Jurgen Doornik). This principally involved research into consumer expenditure and housing markets with John Muellbauer. He also continued research into the effect of innovation and human capital on industrial productivity in the OECD, and more broadly into innovation, economic growth, technology policy, and the econometrics of technical change. He began work with Stephen Redding on the relationship between growth and trade. He began work with Jonathan Haskel (Queen Mary Westfield) on the effect of foreign direct investment on UK productivity. He presented his work at seminars at the Centre for Economic Performance at the LSE, Queen Mary Westfield College at the University of London, the Department of Trade and Industry, the Royal Economic Society Conference, the European Economic Association, and at seminars in Oxford. Publications Gavin Cameron (Research Officer) continued to work on the ESRC project Modelling Cointegrated Processes (with John Muellbauer, David Hendry, and Jurgen Doornik). This principally involved research into consumer expenditure and housing markets with John Muellbauer. He also continued research into the effect of R & D and innovation on industrial productivity in the OECD, and more broadly into innovation, economic growth, technology policy, and the econometrics of technical change. He continued to work with Stephen Redding on the causal links between physical investment and R & D. He wrote a survey paper on Innovation and Economic Growth, commissioned by the Centre for Economic Performance at the LSE. He helped to organise the Options for Britain Conference at Nuffield in December 1994, and is co-editor of the resulting book. He presented his work at the Royal Economic Society Conference and at seminars in Oxford. Funded by the Sanwa Bank Foundation Research Award, he spent three weeks as a visiting scholar at the Foundation for Advanced Information and Research (FAIR) in Tokyo. He presented papers at the European Association for Research in Industrial Economics conference in Juan les Pins and at FAIR in Tokyo, and was a discussant at an IFS conference on R & D, Innovation, and Productivity. Gavin Cameron continued to work on the Muellbauer-Hendry ESRC project on Modelling Cointegrated Processes. He also continued research into the effect of R & D and innovation on industrial productivity in the OECD, and more broadly into innovation, economic growth, technology policy, and the econometrics of technical change. He started work on deflators for UK R & D spending in collaboration with the Department of Trade and Industry. He worked with John Van Reenan (UCL and IFS) on the determinants of R & D spending in UK manufacturing, and with Stephen Redding on the causal links between R & D and physical investment. He was awarded the Sanwa Bank Foundation Research Award, and began work on innovation and growth in Japan. He presented a paper at the NIESR colloquium on Productivity Growth, as well as giving seminars in Oxford, and was a panel discussant at a conference at the IFS. He also acted as an informal adviser to the House of Commons Select Committee on Science and Technology. Publications Last updated: 16 September 2004. |