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scenario real export of the UK decreases by a significant 32% in the long run. Other EU countries also experience a decrease in … real export, while non-EU countries experience an increase due to trade diversion effects. Similarly, I also investigate …
Persistent link: https://www.econbiz.de/10011699523
different counterfactual post-Brexit scenarios, our main findings suggest that UKs (EUs) exports of goods to the EU (UK) are … effects for the EU are negligible in magnitude and statistically not different from zero. …
Persistent link: https://www.econbiz.de/10011781959
different counterfactual post-Brexit scenarios, our main findings suggest that UK's exports of goods to the EU are likely to … decline within a range between 7.2 percent and 45.7 percent (EU's exports to UK by 5.9 percent to 38.2 percent) six years … under the hard Brexit scenario. The estimated welfare effects for the EU are negligible in magnitude and statistically not …
Persistent link: https://www.econbiz.de/10011775646
particular, the EU's eastward enlargement or the EU-Korea trade agreement have lowered the UK's outward trade costs only … the UK from EU agreements resulting into a return of trade costs to the situation quo ante. We make this point with the … with other papers, the welfare costs of Brexit are higher in the UK than in most other EU countries. However, the …
Persistent link: https://www.econbiz.de/10011933707
different counterfactual post-Brexit scenarios, our main findings suggest that UKs (EUs) exports of goods to the EU (UK) are … effects for the EU are negligible in magnitude and statistically not different from zero. …
Persistent link: https://www.econbiz.de/10011924871
different counterfactual post-Brexit scenarios, our main findings suggest that UKs (EUs) exports of goods to the EU (UK) are … effects for the EU are negligible in magnitude and statistically not different from zero …
Persistent link: https://www.econbiz.de/10012926575
general equilibrium model that captures inter- and intranational production networks. We isolate three important layers of EU … integration for the UK: First, we distinguish directional treatment heterogeneity in the relation between the UK and the EU27 … economies. Second, we disentangle tariff and non-tariff barriers in EU agreements affecting the UK, which show differential …
Persistent link: https://www.econbiz.de/10012850083
We consider identification and estimation of nonseparable sample selection models with censored selection rules. We employ a control function approach and discuss different objects of interest based on (1) local effects conditional on the control function, and (2) global effects obtained from...
Persistent link: https://www.econbiz.de/10011941436
We consider identification and estimation of nonseparable sample selection models with censored selection rules. We employ a control function approach and discuss different objects of interest based on (1) local effects conditional on the control function, and (2) global effects obtained from...
Persistent link: https://www.econbiz.de/10011788298
We consider identification and estimation of nonseparable sample selection models with censored selection rules. We employ a control function approach and discuss different objects of interest based on (1) local effects conditional on the control function, and (2) global effects obtained from...
Persistent link: https://www.econbiz.de/10011795543