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-half of the growth in trade over the period 1999-2003 and are therefore a major driving force of the EU Single Market …
Persistent link: https://www.econbiz.de/10003820665
-half of the growth in trade over the period 1999-2003 and are therefore a major driving force of the EU Single Market. …
Persistent link: https://www.econbiz.de/10003867934
380 local authority areas in the United Kingdom. We find that exposure to the EU in terms of immigration and trade …
Persistent link: https://www.econbiz.de/10011646454
number of UK outward investment transactions in the remaining EU27 member states, whereas transactions in non-EU OECD … retain access to the EU market after Brexit. At the same time, we find that the number of EU27 investment projects in the UK … has declined by around 9%, illustrating that being a smaller economy than the EU leaves the UK more exposed to the costs …
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How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect of currency unions on international trade. While we...
Persistent link: https://www.econbiz.de/10011867116
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This paper studies how the depreciation of sterling following the Brexit referendum affected consumer prices in the United Kingdom. Our identification strategy uses input-output linkages to account for heterogeneity in exposure to import costs across product groups. We show that, after the...
Persistent link: https://www.econbiz.de/10012157863