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Ken Coutts, Andrew Glyn, Bob Rowthorn, Structural change under New Labour, Cambridge Journal of Economics, Volume 31, Issue 6, November 2007, Pages 845–861, https://doi.org/10.1093/cje/bem022
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Abstract
The paper examines specific features of structural change in the UK since 1997, contrasting the decline in industrial jobs with the rise in a variety of service jobs. It examines the proximate causes of structural change, in particular whether the chronically slow growth of manufacturing output in the 1980s has persisted. The implications of this structural change are considered, particularly the effects on the balance of payments and regional employment patterns. The paper suggests that the main impact of government policies on regional employment may have been through the direct and multiplier effects of public expenditure.