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and for Cyprus and Malta as they are Commonwealth countries. When only the trade channel of Brexit is estimated, GDP (or … with higher non-tariff trade barriers. Results are sensitive to some parameters such as the reaction of trade volumes to … changes in tariffs and non-tariff trade barriers (trade elasticities). Reaching a Free Trade Agreement could limit the GDP …
Persistent link: https://www.econbiz.de/10011967412
firms' selection within manufacturing sectors à la Melitz (2003) and multinationals in services. Trade, output and average …
Persistent link: https://www.econbiz.de/10012920676
Persistent link: https://www.econbiz.de/10013340983
This paper analyses the revealed comparative advantage for six European countries: Austria, France, Germany, Italy, the … Netherlands and the UK. The results can be summarized as the follows: Italy always had a trade specialisation index which was well … above average. Apart from Italy, whose trade performance index decreased substantially, changes in the trade performance …
Persistent link: https://www.econbiz.de/10010300196
This paper analyses the revealed comparative advantage for six European countries: Austria, France, Germany, Italy, the … Netherlands and the UK. The results can be summarized as the follows: Italy always had a trade specialisation index which was well … above average. Apart from Italy, whose trade performance index decreased substantially, changes in the trade performance …
Persistent link: https://www.econbiz.de/10003828210
The UK exit from the European Union (Brexit) is likely to have a range of impacts, with trade flows likely to be most … affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU …. By examining detailed trade flows between the UK and all other EU members, matching over 5200 products to the WTO tariff …
Persistent link: https://www.econbiz.de/10011565180
We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global …) to a final destination, (3) value added rather than gross trade flows. The model is solved analytically and we use the …
Persistent link: https://www.econbiz.de/10012892112
This paper uses a gravity model approach to estimate the effects of Brexit in two dimensions: trade in goods and …) signature of a bilateral free trade agreement (FTA). According to our results, Brexit may have large negative effects on trade … and migration flows between the EU and the UK. In the WTO scenario, trade flows are predicted to drop by 30% and migration …
Persistent link: https://www.econbiz.de/10012869364
We estimate two new equations for Canadian non-commodity exports (NCX) that incorporate three important changes relative to the current equation used at the Bank of Canada. First, we develop two new foreign activity measures (FAMs), which add new components to the FAM currently used at the Bank...
Persistent link: https://www.econbiz.de/10011586555
study to investigate the effects of economic disintegration. The implications for trade are especially fascinating as trade … UK's exports and imports, while less attention has been paid to Brexit's effects on the trade of other countries. The … of future trade relations between the UK and the EU and assume that, at least in the nearest-future post-Brexit scenario …
Persistent link: https://www.econbiz.de/10012027107