Professor Max Munday - Associate Member of BRASS

Career Experience and Qualifications

Max is Director of Welsh Economy Research Unit & Reader in Economics. He is an associate member of the BRASS Centre. Max joined Cardiff University in 1990, and is an Associate Member of BRASS. He is an economist whose main interests are in regional economics and policy, and the economics of the multinational. He has undertaken research work for a range of organisations including ESRC, European Union, Forestry Commission, WDA, National Museums and Galleries For Wales, Cardiff County Council, Arts Council and National Assembly for Wales. Max's first degree was from Brighton University (Business Studies) and he completed a PhD at the University College of Swansea in 1988 examining Asian manufacturing investment in the Welsh economy. Prior to joining Cardiff he was a lecturer in management at Gwent College.

Research Areas of Interest

Regional economics and policy; Welsh economy; the economics of inward investment; industrial economics.

Links to BRASS projects

• Environmental Input-Output Tables
• Developing Sustainability Indicators for Wales: Index of Sustainable Economic Welfare for Wales
• Tourism Environmental Satellite Accounts
• Resource Exploitation: Corporations and Communities
• Mining and Social Resistance in Argentina
• Conflict in the Mining Industry in Argentina

Research Projects

Max has most recently been involved in the following research projects:

• 2004-05: Cardiff Input-Output Project*, to develop input-output tables for Cardiff County Council together with tourism analysis and environmental satellite account extensions.
• 2004: “ABP and the Welsh Economy”*, economic analysis of port activity, for Associated British Ports.
• 2003-04:“UK First Steps Tourism Satellite Account (TSA)”, to develop a pilot TSA for the UK economy, Department of Culture Media and Sport.
• 2003-04:“English Regions First Steps Tourism Satellite Account”, to develop a pilot TSA for the English regions, North West Regional Development Agency.
• 2003-04: “Crown Dependencies First Steps Tourism Satellite Account”, to scope the data for a TSA for the UK Crown Dependencies of Jersey, Guernsey and Isle of Man, IOM Treasury.
• 2003: “Manufacturing and Trade in Wales: Briefing paper for the Welsh Affairs Committee of the House of Commons”.
• 2003-04:“Mid-Term Evaluation of the Objective 1 Programme for West Wales and the Valleys” “Mid-Term Evaluation of the Objective 3 Programme for East Wales”, “Mid-Term Evaluation of the INTERREG IIIa Programme for West Wales and Ireland”* research and reports for Welsh European Funding Office, final reports August-October 2003, WERU with Cardiff Research Group, Local Government Research Unit and Fitzpatrick Associates.

Publications

Recent Publications

• Midmore, M, Munday M and Roberts A, Assessing Industry Linkages Using Regional Input-Output Tables, Regional Studies, 40.3, pp329-343

• “Inward investment, transactions linkages, and productivity spillovers” Papers in Regional Science, forthcoming (with N.Driffield and A.Roberts).
• “Innovation in SMEs: Retrospect and Prospect” Technovation, forthcoming (with R.Delbridge and T.Edwards).
• “Building for the future : Housing, financial services and the Welsh economy” Local Economy, 19.3, 2004, pp.212-25 (with D.Pickernell and A.Roberts).
• Evaluating the economic benefits from tourism spending through Input-Output frameworks: issues and cases” Local Economy, 19.2, 2004, pp.117-133, (with C. Jones).
• “Regional tourism satellite accounts: A useful policy tool?” Urban Studies, 40.13, 2003, pp. 2777-2794, (with C. Jones and A. Roberts).
• “The performance of the foreign-owned sector of UK manufacturing: Some descriptive evidence and implications for UK inward investment policy”, Fiscal Studies, 24.4, 2003, pp. 501-21, (with M.Peel and K.Taylor).
• “Foreign direct investment, transactions linkages, and the performance of the domestic sector”, International Journal of the Economics of Business, 9.3, 2002, pp. 335-51, (with N.Driffield and A.Roberts).
• “Blaenavon and UN World Heritage Site Status: Is conservation of industrial heritage a road to local economic development”, Regional Studies, 35, 2002, pp. 585-90 (with C.Jones).
• “Call centre growth and the distribution of financial services activity in the UK” Service Industries Journal, 27.3, 2002, pp. 117-134, (with G.Bristow, S.Keast and P.Gripaios).
• “The role of the forestry industry transactions in the rural economy”, Journal of Rural Studies, 2001, 17, pp. 333-346, (with A. Roberts).
• “Foreign manufacturing, regional agglomeration and technical efficiency in UK industries: a stochastic production frontier approach”, Regional Studies, 35.5, 2001, pp391-99. (with N.Driffield)
• “Regional policy effectiveness and local governance issues: some Welsh perspectives”, Policy Studies, 22.1, 2001, pp51-60, (with D.Pickernell and A.Roberts).
• “Assessing the regional transactions of foreign manufacturers in Wales: Issues and determinants”, Tijdschrift voor Economische en Sociale Geografie, 92.2, 2001, pp.202-16 (with A. Roberts).

Teaching Commitments

None at present.