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countries and estimate the impact of the five stages on export. The estimates for these five stages allow me to investigate four … 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/10012949559
The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the...
Persistent link: https://www.econbiz.de/10012027107
countries and estimate the impact of the five stages on export. The estimates for these five stages allow me to investigate four … 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
and sales compared to more exposed firms. We do not find significant differences for export volumes to the UK or elsewhere …
Persistent link: https://www.econbiz.de/10015048791
Galvanized by the devastation of the Second World War, European countries achieved a historically unprecedented and unparalleled level of regional economic integration in the postwar period. Intensive cooperation between the two biggest powers of continental Western Europe, France, and Germany,...
Persistent link: https://www.econbiz.de/10012289781
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the Europea+n Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10011892540
The Act of Union (1707) unified England and Scotland politically and economically, formally establishing the United Kingdom of Great Britain, and a customs union throughout the island of Britain. In this paper, we examine the impact of union on British market integration using wheat prices from...
Persistent link: https://www.econbiz.de/10013402091
We explore the role of the transfers that UK regions received from the European structural and cohesion funds, as well as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum. We find that past European transfers have played virtually no role...
Persistent link: https://www.econbiz.de/10011544086
In a period of sluggish economic growth, the Brexit saga adds additional uncertainty to trade issues, concluding half a century of troubled EU-UK experience. In the post-Brexit era, the UK will be the third external EU_27 partner after the USA and China. Especially inbound trade (from the UK to...
Persistent link: https://www.econbiz.de/10012172762
with trade agreement re-negotiation on the export participation decision of firms in the UK. Starting from the Handley and … uncertainty facing firms exporting from the UK to the EU after June 2016. Using the universe of UK export transactions at the firm …
Persistent link: https://www.econbiz.de/10014112686