Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2019
We study the impact of the 2016 Brexit referendum on UK foreign direct investment. Using the synthetic control method … 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 …