C. M. Winnett

Bio: C. M. Winnett is an academic researcher. The author has contributed to research in topics: Recession & Unemployment. The author has an hindex of 1, co-authored 1 publications receiving 24 citations.

The changing geography of recession : analyses of local unemployment time series

Abstract: Unemployment in Great Britain rose again in the early 1990s. By contrast with previous experience, parts of southern England appeared to suffer earlier and more severely than some other parts of Britain. This reversal of traditional norms fuelled renewed interest in the impact of recession at the local and regional scale. Unemployment dynamics are examined over the period from June 1978 to December 1991 at the local labour market area scale. An analysis of turning points in local unemployment series confirms key differences in the timing of entry into the two recessions experienced during this period. Cluster analysis classification techniques are used to identify the shapes of typical local unemployment cycles and these typical unemployment cycles are shown to display distinctive spatial expressions.

Growth-Oriented SMEs in Unfavourable Regional Environments

Abstract: VAESSEN P. and KEEBLE, D. (1995) Growth-oriented SMEs in unfavourable regional environments, Reg. Studies 29, 489–505. In this paper the research focus is on ‘counterfactual’ cases of growth-oriented SMEs in peripheral regions of Britain (Scotland, Northern England, Wales and Merseyside). These firms are systematically compared to three control groups, made up of growth-oriented SMEs in the South East, slow-growth firms in the Periphery, and slow-growth firms in the South East. Apart from some performance measures such as profits and exports, three key characteristics of the firms are analysed. These are the extent of competition in the markets served, levels of innovation and R & D, and work force and labour market characteristics. The analysis is conducted for manufacturing firms and professional and business services separately. Firms of the research group stand out against the other firms in the sample as businesses with a very favourable R & D input–output ratio and greater propensity for providing a...

Grim down South? The Determinants of Unemployment Increases in British Cities in the 2008–2009 Recession

Abstract: Lee N. Grim down South? The determinants of unemployment increases in British cities in the 2008–2009 recession, Regional Studies. This paper investigates the impact of the 2008–2009 recession on unemployment in the sixty largest cities in Great Britain. The key determinant of changes in unemployment was the skills of the population, with highly skilled cities experiencing smaller increases. Cities with employment in financial services or manufacturing sectors experienced larger increases in unemployment. Whether a city has a specialized or a diverse economy appears less important than the industries in which the city is specialized. The results highlight a problem as the largest unemployment increases were in cities seen as having least potential for future growth.

Homogeneous Commercial Property Market Groupings and Portfolio Construction in the United Kingdom

Abstract: Property portfolios are traditionally constructed by diversifying across geographical areas, property types, or a combination of both. In the United Kingdom it is normal practice to use regions rather than towns or local market areas as the geographical divisions. The authors use cluster analysis to construct homogeneous groups from 157 UK local markets, by means of commercial property returns. The results show strong property-type dimensions and only very broad geographical dimensions in the clusters. These clusters are found, in general, to have temporal stability with changes in cluster membership being explained by the changing economic geography of the United Kingdom. The cluster-derived groupings are used to derive efficient investment frontiers and are compared with frontiers based on conventional heuristic groupings. It is shown that strategies based on parsimonious cluster-based groupings, appropriate for smaller investors, generate results that are comparable with those of conventional groupings...

Small-Firm Creation and Growth, Regional Development and the North—South Divide in Britain:

Abstract: In this paper we analyse regional variations in the characteristics, performance, and growth of small and medium-sized manufacturing and business service enterprises in Britain, with particular reference to their impact on the ‘North—South divide’ in British regional economic development. Using a unique national survey of nearly 2000 smaller businesses, we identify regional differences in enterprise growth rates, market specialisation, innovation rates and research and development intensity, occupational structures, and labour-market problems. We also reveal differences in the frequency of use of government advisory agencies, and in the rating by firms in different regions of key competitive advantages and constraints on growth. These differences do not however conform to simple traditional stereotypes suggested by images of a declining North and a growing South. The implications of these findings both for understanding recent regional economic development in Britain and for policies such as those of loca...

Is economic adversity always a killer? Disadvantaged areas with relatively low mortality rates

Abstract: Objectives: To identify areas of Britain whose residents have relatively low age specific mortality, despite experiencing long-term economic adversity. Methods: Longitudinal, ecological study of all residents of Britain from 1971 to 2001. Results: 54 of Britain’s 641 parliamentary constituencies were identified as having been persistently economically disadvantaged in the period 1971–2001. Within this group, there was marked variation in age group specific mortality and in the age ranges with relatively high or low mortality. A systematic scoring process identified 18 constituencies as providing strong and consistent evidence of low mortality across a range of age groups, relative to the 54 constituencies as a whole. These 18 were labelled “resilient”. Among age groups >24 years, mortality rates in the resilient areas were significantly lower than in the other economically disadvantaged areas. For example, at ages 45–59 years, the average all cause mortality rate in the resilient constituencies was 607 per 100 000 population (95% CI 574 to 641) and 728 (670 to 787) in the non-resilient constituencies (p = 0.013). Conclusions: Areas with similar adverse economic histories do not all have similarly high mortality rates. It is unlikely that a single factor explains these results. Selective migration cannot be discounted as an explanation, but particular sociocultural features of areas (including the political, economic, ethnic and religious characteristics of their population) may also be protective.