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How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK’s exit from the EU’s single market and customs union in January 2021 led to an...
Persistent link: https://www.econbiz.de/10015182861
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In der Arbeit wird die Frage analysiert, welche Konsequenzen sich aus der Osterweiterung für die zukünftige Ausgestaltung der EU-Politiken ergeben können. Die mit der Erweiterung einhergehende zunehmende Heterogenität der ökonomischen Strukturen innerhalb der Europäischen Union lässt auf...
Persistent link: https://www.econbiz.de/10011942792
This paper studies the role of dataset choices for trade policy estimates in structural gravity models. Using twelve publicly available data sources and applying alternative and commonly used dataset restrictions, we obtain 586 estimates for the EU membership trade effects from a standard...
Persistent link: https://www.econbiz.de/10015393868
This paper studies the role of dataset choices for trade policy estimates in structural gravity models. Using twelve publicly available data sources and applying alternative and commonly used dataset restrictions, we obtain 586 estimates for the EU membership trade effects from a standard...
Persistent link: https://www.econbiz.de/10015395571
This paper explores whether professional macroeconomic forecasters manipulate their forecasts to influence voting outcomes. We model a referendum in which a voter chooses between two policies. The voter relies on a forecaster to learn about the macroeconomic consequences of the policies. The...
Persistent link: https://www.econbiz.de/10014583811
The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its...
Persistent link: https://www.econbiz.de/10012806478
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The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia remained. In view of this development, history seems...
Persistent link: https://www.econbiz.de/10011490984
This paper reviews selected aspects of economic relations between the EU and Russia, focusing on the impact that the last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that if EU enlargement has had any diversion effects on trade...
Persistent link: https://www.econbiz.de/10011641271