ABSTRACT
This chapter focuses on Scottish growth performance since 1954. It describes a general picture of the growth of the Scottish economy as revealed by Scottish gross domestic product estimates in constant prices and compare the Scottish economic performance at sectoral and industry levels with that of the UK. The chapter examines further the output aggregates in terms of the technique known as ‘growth standardisation’. It argues that such technique, although useful, provides only a first step insight into the identification of the possible regional and other policy effects. The Scottish growth rate was higher than the corresponding UK rate in public utilities and the two rates were identical in manufacturing. At industry level, Scottish growth rate was higher than the corresponding UK rate in construction and in gas, electricity and water. The general pattern that emerges from the analysis is that of an improvement in Scottish growth performance in manufacturing over the period since 1963.
