TREASURY - ECONOMIC GROWTH (IMMIGRATION)

- Monday, 7th November 2005

 

Type: Written Parliamentary Question (WPQ)

Member Tabling Question: Lilley, Peter
Date Tabled: 07.11.2005
Question: To ask the Chancellor of the Exchequer what assumptions he has made, in forecasting economic growth, about the impact of immigration on (a) the growth of the labour force and (b) the rate of growth of productivity per head of the existing labour force.
Question Number: 26728

Member Answering Question: Healey, John
Other Authors:
Answering Department: Treasury
Date of Answer: 10.11.2005
Date for Answer: 10.11.2005
Answer: Net inward migration makes a positive contribution to growth of the UK labour force and the trend rate of output growth. Details of the Treasury‘s methodology for projecting trend growth and its productivity and labour input components are set out in the publication "Trend Growth: Recent Developments and Prospects? (2002). The projection for net inward migration is based on projections by the Government Actuary‘s Department. The Treasury‘s latest published economic forecast and underlying assumptions for trend growth and its components were set out in Budget 2005, and will be updated in the forthcoming pre-Budget report. Net inward migration makes a positive contribution to growth of the UK labour force and the trend rate of output growth. Details of the Treasury‘s methodology for projecting trend growth and its productivity and labour input components are set out in the publication "Trend Growth: Recent Developments and Prospects? (2002). The projection for net inward migration is based on projections by the Government Actuary‘s Department. The Treasury‘s latest published economic forecast and underlying assumptions for trend growth and its components were set out in Budget 2005, and will be updated in the forthcoming pre-Budget report.

Topic: Economic Growth (Immigration)

Legislature: House of Commons (HoC)
Location: Commons Chamber

Status: Answered
Session: 05-06

 

 

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