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Production networks in the European Union (EU) and the United Kingdom (UK) are highly integrated and Brexit poses a threat to supply and demand linkages across the Channel. In a world of Global Value Chains (GVCs), tariffs might be more harmful than in a world where trade is purely direct. In...
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This study estimates the average tariffs that the producers of each of the 27 EU countries could face when exporting to the UK in the event that a new Free Trade Agreement is not reached as part of the Brexit negotiation and that trade between the EU and the UK is conducted under WTO...
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The main idea of this paper is that bank internationalization might encourage exports as banks' foreign branches and representative offices provide financial and informational support to exporting firms. This hypothesis has been tested using bank and firm data at Italian province-level between...
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