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The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part … of its "Global Britain" strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with … compensate for Brexit-induced trade losses. Our results also reveal that independence from the UK in itself would inflict greater …
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Using data on international, on-line media coverage and tone of the Brexit referendum, we test whether it is media …
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The objective is to forecast the impact of potential Brexit scenarios on the export volume of passenger cars from … all variables significant at the 5% level. This is used for forecasting future export volumes under different Brexit … scenarios. Diagnostic tests suggest that the model is robust and efficient. All tested Brexit scenarios are found to negatively …
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This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit … different counterfactual post-Brexit scenarios, our main findings suggest that UKs (EUs) exports of goods to the EU (UK) are … likely to decline within a range between 7.2% and 45.7% (5.9% and 38.2%) six years after the Brexit has taken place. For the …
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