Max Munday
Datos Biográficos
| ID | 1042995 |
|---|---|
| NOMBRE | Max Munday |
| NOMBRES | Max |
| APELLIDO | Munday |
| FIRMA | MUNDAY M |
| AFILIACIONES | Cardiff University |
| ORCID | 0000-0001-9067-2481 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 48 |
| TOTAL DE CITAS | 271 |
| TOTAL COMO AUTOR | 48 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1991 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2026 |
| ÍNDICE H | 9 |
Regional development and global production networks
This article explores the interface between global production networks and regional economic development. The case study focuses on the semiconductor industry in Wales where multinational enterprises are, with regional institutions, developing deeper forms of regional embeddedness. Although these firms boost the Welsh and UK economies through wage, export and knowledge effects, their scope to support more fundamental regional development is const…
Assessing the embeddedness of a Japanese-owned factory in the UK
In 1973, Sony established a factory in Wales that by the 1990s became Europe’s largest integrated producer of colour televisions. Although manufacturing ceased in 2005, other operations survived and grew. This case examines different perspectives of the complex embeddedness of this subsidiary, proposing two arguments connecting embeddedness to longevity. One concerns external subsidiary linkages, where subsidiary management used their power as a …
Industrial policy, multilevel governance and regional development
This article identifies the main governance challenges in formulating and implementing national industrial policies that aim to foster regional development. It explores the interface between industrial policy, multilevel governance and regional development. The article takes a case study approach focusing on the UK Government’s semiconductor industrial strategy in the context of an emerging semiconductor cluster in South Wales. It finds that in t…
The transformative potential of inward investment on industrial cluster development
This paper examines the transformative potential of inward investment on cluster development. It undertakes this through the lens of the evolving semiconductor cluster in South Wales (UK) and within a context whereby the semiconductor industry is under pressure with government interventions to improve prospects being implemented at a time of increasing global tension in the industry. The paper reveals the potential of inward investors as agents o…
Exploring a low SME equity equilibrium in Wales
Previous research has examined geographical variations in SME access to external finance, especially bank loans. Rather less attention has been paid to how far SME equity access difficulties in more peripheral regions, and cities within these regions, is a demand or supply side issue, and how far equity investments are concentrated in specific urban areas in peripheral regions. This paper examines these topics through an analysis of small firm eq…
Tourism inward investment and regional economic development effects
The regional economic contribution of tourism-related inward investment is difficult to assess. This is due to data availability problems, and with inward investment in such industries often being dwarfed by that in either manufacturing or other services. However, there are cases where tourism demand represents a significant proportion of regional economic demand, and often in regions where there are economic development challenges. The paper sug…
New directions in regional innovation policy
Lifting the economic performance of lagging regions continues to puzzle economic development practitioners and analysts. As a means of contributing some solutions to this puzzle, this paper examines a policy intervention that promotes regional development through a public–private-sector initiative that uses a network model to catalyze innovation-driven entrepreneurship. It focuses on a programme operated by the Alacrity Foundation in the region o…
The challenge of valuing ecosystem services that have no material benefits
Since the Millennium Ecosystem Assessment, ecosystem service science has made much progress in framing core concepts and approaches, but there is still debate around the notion of cultural services, and a growing consensus that ecosystem use and ecosystem service use should be clearly differentiated. Part of the debate resides in the fact that the most significant sources of conflict around natural resource management arise from the multiple mana…
Local economic development opportunities from NHS spending
The article examines the local and regional economic impacts of NHS spending. The research is set in the context of tensions between buying economies, process efficiencies and local economic development impacts of public sector procurement, and contributes to the evidence base on supplier proximity and income retention at the local and regional level. The scale, scope and spatial distribution of NHS spending in a South Wales case are analysed usi…
Energy and development in the periphery
Investments in renewable energy have been identified as one mechanism for encouraging development in lagging regions, with community owned or operated facilities potentially having a relatively greater impact. The development of small hydropower installations in Wales is examined to establish the economic and community benefits of such schemes. The sector displays a number of locally beneficial economic characteristics that are absent from larger…
The stability of the foreign manufacturing sector
The paper reports on a study of the comparative stability of foreign owned manufacturing firms in Wales, using as a framework the Welsh Register of Manufacturing Employment which records details of regional manufacturing entry and exits since 1966. The paper is set in the context of competing claims on the more transformative effects of inward investment with some stressing that notions of a ‘new regionalism’ in Wales have been unjustly founded o…
Regional electricity generation and employment in UK regions
Regional electricity generation and employment in UK regions. Regional Studies . A number of electricity-generation technologies reduce carbon emissions, but with different economic and employment effects, partly consequent on how far generation capacity supports regional supply chains. In devolved regions these issues are important because of the role given to renewable electricity generation in economic development strategies. This paper analys…
Accounting for the carbon associated with regional tourism consumption
Making Location Quotients More Relevant as a Policy Aid in Regional Spatial Analysis
Location Quotients (LQs) remain an important tool for geographical analysis, particularly in terms of assessing industrial specialisation and clustering. LQs as decision aids are typically understood through the use of arbitrarily set cut-off values. However, LQs are rarely accompanied by an associated level of variance that can be connected with the estimated data used to calculate them. This paper reveals the importance of understanding this va…
How responsible is a region for its carbon emissions? An empirical general equilibrium analysis
Developing a Framework for Assessing the Socioeconomic Impacts of Museums
The role of museums as agents of culture, education and even nationhood is widely recognised. However, the potential for museums to contribute to regeneration processes is also important. Urban development literature has demonstrated the importance of creative capital in economic development processes. Then, evaluating museums in economic terms, covering issues including visitor numbers and resulting tourism consumption, provides only a partial i…
Windfalls for whom? The evolving notion of ‘community’ in community benefit provisions from wind farms
Acceptance, acceptability and environmental justice
Conflict around wind farm development has stimulated interest in ‘community benefits’ – the provision of financial or material benefits by the developers to the area affected by these facilities. By and large, both policy makers and researchers have couched the rationale for community benefits in instrumental terms, i.e. that an increased flow of community benefits will improve the social acceptability of these facilities and thereby expedite pla…
Responsibility for Regional Waste Generation
Jensen C. D., McIntyre S., Munday M. and Turner K. Responsibility for regional waste generation: a single region extended input–output analysis for Wales, Regional Studies. This paper uses a regional input–output framework and data derived on waste generation by industry to examine different aspects of regional waste accountability. In addition to estimating a series of industry output–waste coefficients, the paper considers a series of methods f…
Incorporating Jurisdiction Issues into Regional Carbon Accounts under Production and Consumption Accounting Principles
Despite increased public interest, policy makers have been slow to enact targets based on limiting emissions under full consumption accounting measures (such as carbon footprints). We argue that this may be due to the fact that policy makers in one jurisdiction do not have control over production technologies used in other jurisdictions. We use a regional input-output framework and data derived on carbon dioxide emissions by industry (and househo…
Wind farms in rural areas
Comparing Gross and Net Employment Outcomes from Structural Fund Programmes
This article examines the relationship between the gross and net employment outcomes from the largest EU structural funding programme in the UK, the Objective 1 West Wales and the Valleys programme. The article demonstrates the practical difficulties of moving from gross to net outputs. It is suggested that these difficulties are not always explicitly considered in EU programme evaluations. One result is that, in the UK at least, previous evaluat…
Assessing the environmental impacts of mega sporting events
The Embeddedness of Tourism-related Activity
The paper undertakes a linkage analysis on a regional economy, concentrating on tourism-related sectors. Recent improvements in the accounting for tourism activity, through satellite account frameworks, provide information on tourism-related sectors and their transactions with the rest of the economy. Several regions of the UK have highlighted tourism as an important development sector, but often with a less than perfect understanding of how chan…
Considering the effects of imprecision and uncertainty in ecological footprint estimation
Windfalls for whom? The evolving notion of ‘community’ in community benefit provisions from wind farms
Wind farms in rural areas
Assessing the environmental impacts of mega sporting events
The challenge of valuing ecosystem services that have no material benefits
Since the Millennium Ecosystem Assessment, ecosystem service science has made much progress in framing core concepts and approaches, but there is still debate around the notion of cultural services, and a growing consensus that ecosystem use and ecosystem service use should be clearly differentiated. Part of the debate resides in the fact that the most significant sources of conflict around natural resource management arise from the multiple mana…
The UK Regional Distribution of Foreign Direct Investment
HILL S. and MUNDAY M. (1992) The UK regional distribution of foreign direct investment: analysis and determinants, Reg. Studies 26, 535–544. This paper analyses the regional distribution of foreign direct investment (FDI) within the UK. Following an examination of those regions that have been successful in winning new inward investment, the paper goes on to consider hypotheses that can be used to explain relative regional success in attracting ne…
Assessing the Impacts of Foreign Manufacturing on Regional Economies
BRAND S., HILL S. and MUNDAY M. (2000) Assessing the impacts of foreign manufacturing on regional economies: the cases of Wales, Scotland and the West Midlands, Reg. Studies 34, 343-355. This paper examines the direct and indirect contributions made by foreign manufacturing companies to the regional economies of Wales, Scotland and the West Midlands. Survey data derived from foreign manufacturers in each region were used in conjunction with regio…
Assessing the Environmental Consequences of Major Sporting Events
Policy-makers are increasingly interested in the wider ramifications of sporting events, including the environmental impacts of event visitation. This paper demonstrates how two separate though related methodologies were used to inform conclusions on the economic and environmental impacts related to event visitation. The approaches used to assess the case event were environmental input-output tables and ecological footprint analysis. Combining th…
Blaenavon and United Nations World Heritage Site Status
This article examines the policy issues connected with a programme of economic redevelopment centred upon the conservation and renewal of industrial heritage. The article examines the case of Blaenavon Industrial Landscape in South Wales which has recently been successful in gaining status as a UNESCO World Heritage Site. Tourism-led economic development focusing on industrial heritage is shown to present some unique trade-offs between promoting …
Call Centre Growth and Location
The authors contribute to the developing literature on call centres by providing detailed empirical evidence on the spatial unevenness in the distribution of call centre activity. They argue that the driving forces of call centre growth, whether as the rationalisation of back-office functions or as entirely new entities, have been corporate strategy and the pursuit of low-cost competitive advantage. Thus, although technological developments at th…
Assessing industry linkages using regional input–output tables
Midmore P., Munday M. and Roberts A. (2006) Assessing industry linkages using regional Input–Output tables, Regional Studies 40, 329–343. The regional policy literature has shown renewed interest in the promotion of industries with the potential to embed themselves into regional economies. Unfortunately, analysis of sectors within strategy-led documents often fails to tie the identification of key industries to any specific methodology. The paper…
Foreign Manufacturing, Regional Agglomeration and Technical Efficiency in UK Industries
The paper examines howfar foreign manufacturing investment in UK industries, together with the spatial agglomeration of those industries, affect technical efficiency. The paper links research on the estimation of technical efficiency,with those literatures demonstrating the economies associated with foreign direct investment and spatial agglomeration. The methodology involves estimation of a stochastic production frontier with random components a…
Assessing the Role of the Arts and Cultural Industries in a Local Economy
The authors examine the economic impacts of the arts and cultural industries on the Welsh economy. The impact of defined sectors were assessed within an input-output modelling framework. By using this methodology they seek to estimate the sectoral impacts on employment, output, and incomes in Wales and also to assess the significance of sectoral interdependencies. A number of policy implications are discussed
Factories or Warehouses? A Welsh Perspective on Japanese Transplant Manufacturing
MUNDAY M., MORRIS J. and WILKINSON B. (1995) Factories or warehouses? A Welsh perspective on Japanese transplant manufacturing, Reg. Studies 29, 1–17. Critics of Japanese direct manufacturing investment have argued that the Japanese transplant manufacturing sector (TMS) represents an attempt to circumvent trade barriers rather than a genuine globalization of Japanese capital, and that host regions will find themselves with warehouses or low value…
Accounting for the carbon associated with regional tourism consumption
Making Location Quotients More Relevant as a Policy Aid in Regional Spatial Analysis
Location Quotients (LQs) remain an important tool for geographical analysis, particularly in terms of assessing industrial specialisation and clustering. LQs as decision aids are typically understood through the use of arbitrarily set cut-off values. However, LQs are rarely accompanied by an associated level of variance that can be connected with the estimated data used to calculate them. This paper reveals the importance of understanding this va…
Inward investment, transaction linkages and productivity spillovers
The role of the forestry industry transactions in the rural economy
Regional Tourism Satellite Accounts
Tourism increasingly features in strategic regional policy documents, being considered important to regional economic prospects. Consequently many regions, notably those less prosperous, have expended significant resources in developing tourism attractions, promoting tourism events and supporting tourism-based operations. In this resource context, the difficulties in assessing the economic contribution of this diverse (and often atomised) set of …
The Role of Inward Investment in Urban Economic Development
This paper examines the role of manufacturing and services foreign direct investment (FDI) in the restructuring of the three large cities in the South West and Wales: Bristol, Plymouth and Cardiff. Key differences in the FDI stock of each city are analysed, with special attention given to location rationale and quality of investments. Bristol is found to be comparatively successful in attracting high-grade manufacturing, regional service centres …
New directions in regional innovation policy
Lifting the economic performance of lagging regions continues to puzzle economic development practitioners and analysts. As a means of contributing some solutions to this puzzle, this paper examines a policy intervention that promotes regional development through a public–private-sector initiative that uses a network model to catalyze innovation-driven entrepreneurship. It focuses on a programme operated by the Alacrity Foundation in the region o…
Incorporating Jurisdiction Issues into Regional Carbon Accounts under Production and Consumption Accounting Principles
Despite increased public interest, policy makers have been slow to enact targets based on limiting emissions under full consumption accounting measures (such as carbon footprints). We argue that this may be due to the fact that policy makers in one jurisdiction do not have control over production technologies used in other jurisdictions. We use a regional input-output framework and data derived on carbon dioxide emissions by industry (and househo…
Foreign Manufacturing Investment in France and the Uk
This article examines the geography of manufacturing foreign direct investment (FDI) in France and the UK. In considering the regional distribution of both new and existing manufacturing FDI in the two states, the article seeks to show the extent to which the factors that influence the distribution of new FDI in France are similar to those in the UK
Tourism inward investment and regional economic development effects
The regional economic contribution of tourism-related inward investment is difficult to assess. This is due to data availability problems, and with inward investment in such industries often being dwarfed by that in either manufacturing or other services. However, there are cases where tourism demand represents a significant proportion of regional economic demand, and often in regions where there are economic development challenges. The paper sug…
Energy and development in the periphery
Investments in renewable energy have been identified as one mechanism for encouraging development in lagging regions, with community owned or operated facilities potentially having a relatively greater impact. The development of small hydropower installations in Wales is examined to establish the economic and community benefits of such schemes. The sector displays a number of locally beneficial economic characteristics that are absent from larger…
Regional electricity generation and employment in UK regions
Regional electricity generation and employment in UK regions. Regional Studies . A number of electricity-generation technologies reduce carbon emissions, but with different economic and employment effects, partly consequent on how far generation capacity supports regional supply chains. In devolved regions these issues are important because of the role given to renewable electricity generation in economic development strategies. This paper analys…
Japanese Manufacturing Investment in Wales
The UK Regional Distribution of Foreign Direct Investment
HILL S. and MUNDAY M. (1992) The UK regional distribution of foreign direct investment: analysis and determinants, Reg. Studies 26, 535–544. This paper analyses the regional distribution of foreign direct investment (FDI) within the UK. Following an examination of those regions that have been successful in winning new inward investment, the paper goes on to consider hypotheses that can be used to explain relative regional success in attracting ne…
Foreign Manufacturing Investment in France and the Uk
This article examines the geography of manufacturing foreign direct investment (FDI) in France and the UK. In considering the regional distribution of both new and existing manufacturing FDI in the two states, the article seeks to show the extent to which the factors that influence the distribution of new FDI in France are similar to those in the UK
Factories or Warehouses? A Welsh Perspective on Japanese Transplant Manufacturing
MUNDAY M., MORRIS J. and WILKINSON B. (1995) Factories or warehouses? A Welsh perspective on Japanese transplant manufacturing, Reg. Studies 29, 1–17. Critics of Japanese direct manufacturing investment have argued that the Japanese transplant manufacturing sector (TMS) represents an attempt to circumvent trade barriers rather than a genuine globalization of Japanese capital, and that host regions will find themselves with warehouses or low value…
Road infrastructure and economic development in the periphery
The Role of Inward Investment in Urban Economic Development
This paper examines the role of manufacturing and services foreign direct investment (FDI) in the restructuring of the three large cities in the South West and Wales: Bristol, Plymouth and Cardiff. Key differences in the FDI stock of each city are analysed, with special attention given to location rationale and quality of investments. Bristol is found to be comparatively successful in attracting high-grade manufacturing, regional service centres …
Unforeseen policy impacts
The impact of utility privatisation on profits, prices, productivity and the widening of share ownership has been extensively debated. The possible spatial impacts of utility privatisation have, however, received little attention in the literature. The emerging evidence suggests that restructuring and a general drive towards efficiency gain in the former utilities have had important spatial ramifications and in some cases have compounded local ec…
Regional Winners and Losers From Recent Trends in Utility Rationalization
An important element of the economic strategy of successive UK governments since the early 1980s has been the privatization of state assets, especially the nationalized industries. Like a number of other policy initiatives introduced initially in the UK, this has been progessively adopted across other parts of the developed world in the following years. However, although there has been an extensive literature on such aspects of this movement as t…
Assessing the Impacts of Foreign Manufacturing on Regional Economies
BRAND S., HILL S. and MUNDAY M. (2000) Assessing the impacts of foreign manufacturing on regional economies: the cases of Wales, Scotland and the West Midlands, Reg. Studies 34, 343-355. This paper examines the direct and indirect contributions made by foreign manufacturing companies to the regional economies of Wales, Scotland and the West Midlands. Survey data derived from foreign manufacturers in each region were used in conjunction with regio…
Assessing the Role of the Arts and Cultural Industries in a Local Economy
The authors examine the economic impacts of the arts and cultural industries on the Welsh economy. The impact of defined sectors were assessed within an input-output modelling framework. By using this methodology they seek to estimate the sectoral impacts on employment, output, and incomes in Wales and also to assess the significance of sectoral interdependencies. A number of policy implications are discussed
Call Centre Growth and Location
The authors contribute to the developing literature on call centres by providing detailed empirical evidence on the spatial unevenness in the distribution of call centre activity. They argue that the driving forces of call centre growth, whether as the rationalisation of back-office functions or as entirely new entities, have been corporate strategy and the pursuit of low-cost competitive advantage. Thus, although technological developments at th…
The role of the forestry industry transactions in the rural economy
Regional Policy Effectiveness and Local Governance Issues
This paper examines regional policy evaluation with special reference to Wales, in particular the importance of measuring regional policy and grant aid efficiency in the context of complex governance issues. Various measures of policy efficiency and data requirements are analysed. Conclusions, placed in the context of economic development needs in Wales, assess a future research agenda for measuring the effectiveness of regional policy
Assessing the Regional Transactions of Foreign Manufacturers in Wales
This paper examines the determinants of foreign manufacturing regional transactions using data derived from an expenditure survey in Wales. The paper assesses the significance of various factors including subsidiary age and plant size, as well as specific industry influences, and explores the dynamics of local purchasing propensities through time. The paper also considers the role of buyer‐supplier partnerships in productivity spillovers at the r…
Blaenavon and United Nations World Heritage Site Status
This article examines the policy issues connected with a programme of economic redevelopment centred upon the conservation and renewal of industrial heritage. The article examines the case of Blaenavon Industrial Landscape in South Wales which has recently been successful in gaining status as a UNESCO World Heritage Site. Tourism-led economic development focusing on industrial heritage is shown to present some unique trade-offs between promoting …
Foreign Manufacturing, Regional Agglomeration and Technical Efficiency in UK Industries
The paper examines howfar foreign manufacturing investment in UK industries, together with the spatial agglomeration of those industries, affect technical efficiency. The paper links research on the estimation of technical efficiency,with those literatures demonstrating the economies associated with foreign direct investment and spatial agglomeration. The methodology involves estimation of a stochastic production frontier with random components a…
Regional Tourism Satellite Accounts
Tourism increasingly features in strategic regional policy documents, being considered important to regional economic prospects. Consequently many regions, notably those less prosperous, have expended significant resources in developing tourism attractions, promoting tourism events and supporting tourism-based operations. In this resource context, the difficulties in assessing the economic contribution of this diverse (and often atomised) set of …
Inward investment, transaction linkages and productivity spillovers
Inward investment, transaction linkages and productivity spillovers
Developing approaches to measuring and monitoring sustainable development in Wales
Munday M. and Roberts A. (2006) Developing approaches to measuring and monitoring sustainable development in Wales: a review, Regional Studies 40, 534–535. Under the 1998 Government of Wales Act, the Welsh Assembly Government committed to the promotion of sustainable development in the exercise of its functions. The paper examines a selection of approaches that are being explored in Wales to monitor and measure progress towards sustainable develo…
Assessing industry linkages using regional input–output tables
Midmore P., Munday M. and Roberts A. (2006) Assessing industry linkages using regional Input–Output tables, Regional Studies 40, 329–343. The regional policy literature has shown renewed interest in the promotion of industries with the potential to embed themselves into regional economies. Unfortunately, analysis of sectors within strategy-led documents often fails to tie the identification of key industries to any specific methodology. The paper…
Assessing the Environmental Consequences of Major Sporting Events
Policy-makers are increasingly interested in the wider ramifications of sporting events, including the environmental impacts of event visitation. This paper demonstrates how two separate though related methodologies were used to inform conclusions on the economic and environmental impacts related to event visitation. The approaches used to assess the case event were environmental input-output tables and ecological footprint analysis. Combining th…
A Critical Assessment of the Evaluation of EU Interventions for Innovation in the SME Sector in Wales
In this paper, the EU Structural Fund intervention framework is critically assessed in an effort to reflect on the problems faced by policy-makers when trying to make sense of the complexity associated with innovation. An assessment is made of the `evidence-based' approach for reporting on EU Structural Fund interventions in the Welsh economy. It is argued that the measurement of quantifiable inputs and outputs fails to engage sufficiently with t…
Considering the effects of imprecision and uncertainty in ecological footprint estimation
Comparing Gross and Net Employment Outcomes from Structural Fund Programmes
This article examines the relationship between the gross and net employment outcomes from the largest EU structural funding programme in the UK, the Objective 1 West Wales and the Valleys programme. The article demonstrates the practical difficulties of moving from gross to net outputs. It is suggested that these difficulties are not always explicitly considered in EU programme evaluations. One result is that, in the UK at least, previous evaluat…
Economics (43 obras) · Business (34 obras) · Geography (29 obras) · Political science (25 obras) · Economy (15 obras) · Regional science (13 obras) · Economic geography (12 obras) · Macroeconomics (12 obras) · Computer Science (11 obras) · Economic growth (11 obras)