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The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...
Persistent link: https://www.econbiz.de/10012027107
countries and estimate the impact of the five stages on export. The estimates for these five stages allow me to investigate four … scenario real export of the UK decreases by a significant 32% in the long run. Other EU countries also experience a decrease in … real export, while non-EU countries experience an increase due to trade diversion effects. Similarly, I also investigate …
Persistent link: https://www.econbiz.de/10012949559
bilateral trade between Belgium and its main trading partners. I find that import and export markets have specific dynamics and … react to the uncertainties related to the Brexit referendum, export flows are more sensitive to this event. Consequently, I …
Persistent link: https://www.econbiz.de/10012138102
This paper reviews a sample of studies on the long-term impact of Brexit on GDP and welfare for both the UK and EU economies. It considers only official and academic studies published before the end of November 2018. The paper highlights the very wide range of results, especially for the UK,...
Persistent link: https://www.econbiz.de/10011967412
We offer a general equilibrium analysis of Brexit incorporating the state-of-the-art differences in productivity and firms' selection within manufacturing sectors à la Melitz (2003) and multinationals in services. Trade, output and average productivity diminish across most sectors in the UK and...
Persistent link: https://www.econbiz.de/10012920676
The paper offers background information for a sectoral analysis of the Brexit implications on the UK value chains. It analyses trade data through the specific angle of inter-industrial relationships and international supply chains, including employment implications. Using a variety of analytical...
Persistent link: https://www.econbiz.de/10012914928
zusätzlich belastet. Dies zeigt ein Vergleich der Exporte und Importe in den ersten vier Monaten des Jahres 2020 mit den …
Persistent link: https://www.econbiz.de/10012260818
This paper summarises the economic analyses of the potential impact of Brexit on the United Kingdom, European Union (EU) and euro area performed by members of and contributors to the Brexit Task Force, a group reporting to the International Relations Committee of the European System of Central...
Persistent link: https://www.econbiz.de/10012300413
countries and estimate the impact of the five stages on export. The estimates for these five stages allow me to investigate four … scenario real export of the UK decreases by a significant 32% in the long run. Other EU countries also experience a decrease in … real export, while non-EU countries experience an increase due to trade diversion effects. Similarly, I also investigate …
Persistent link: https://www.econbiz.de/10011699523
We estimate that a hard Brexit would reduce UK agro industrial imports from the EU by 50%. The UK Government has proposed to substitute the Common Agricultural Policy with market-oriented policies. It has also expressed interest in signing free trade agreements with interested countries and is...
Persistent link: https://www.econbiz.de/10014105262