This note discusses the scale of the risks to bilateral UK-EU trade under alternative scenarios for the UK leaving the Union, including a hard Brexit, a soft EFTA-like Brefta, and the scope for the foregone UK-EU trade to be made up through alternative agreements. It comments on the risks to...

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...

The purpose of this study is to analyze export and import shares of main products of CEE countries with Turkey before their membership to EU and then, starting from the year of 2000. After accession to EU, these countries’ export and import shares mostly increased with Turkey and EU, implying...

Die Integration der Staaten Mittel- und Osteuropas in die Europäische Union hat sich positiv auf deren Handels beziehungen zu Deutschland ausgewirkt. Wir zeigen, dass der Außenhandel der neuen Mitgliedsstaaten mit Deutschland nach dem EU-Beitritt statistisch signifikant zugenommen hat....