An examination of EU trade disintegration scenarios
Jackson, K. and Shepotylo, O. 2020. An examination of EU trade disintegration scenarios. The World Economy. 44 (1), pp. 2-20. https://doi.org/10.1111/twec.13049
| Title | An examination of EU trade disintegration scenarios |
|---|---|
| Type | Journal article |
| Authors | Jackson, K. and Shepotylo, O. |
| Abstract | This paper demonstrates the welfare implications of the differential disintegration of the EU. Using a structural gravity approach, our estimates suggest that the rest of the EU countries have much more to lose from the disintegration of the EU compared to a disorderly Brexit. At the same time, neighboring high income and middle income countries, such as Bosnia and Herzegovina and Norway, are expected to benefit from EU disintegration under some scenarios because trade would be diverted from EU countries. |
| Keywords | Gravity model |
| trade policy | |
| Brexit | |
| EU | |
| Journal | The World Economy |
| Journal citation | 44 (1), pp. 2-20 |
| ISSN | 1467-9701 |
| Year | 2020 |
| Publisher | Wiley |
| Accepted author manuscript | File Access Level Open (open metadata and files) |
| Digital Object Identifier (DOI) | https://doi.org/10.1111/twec.13049 |
| Publication dates | |
| Published online | 09 Oct 2020 |
| Published in print | Jan 2021 |