Bailey, David and De Propris, Lisa (2017). Brexit and the UK Automotive Industry. National Institute Economic Review, 242 (1), R51-R59.
Abstract
The UK's automotive industry has been one of the ‘star performers’ of the UK economy in recent years – unlike most other manufacturing sectors. Output has increased by over 60 per cent since 2010 and there has been over £8 billion worth of investment in the industry in the past five years. The industry supports some 800,000 jobs in the UK. It is seen as having benefitted from EU membership. So what might Brexit mean for the UK automotive sector, and its workers? This paper considers short-run impacts, before turning to the impact of uncertainty on foreign direct investment inflows and then the nature of a possible trading relationship. Some brief reflections on policy implications round off the paper.
Publication DOI: | https://doi.org/10.1177/002795011724200114 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship College of Business and Social Sciences > School of Social Sciences & Humanities > Aston Centre for Europe |
Funding Information: | *Aston Business School. E-mail: d.bailey@aston.ac.uk. **Birmingham Business School. The writing of this paper has been supported by the EU Horizon 2020 project MAKERS – Smart Manufacturing for EU Growth and Prosperity, a project funded by the Horizon 2020 |
Additional Information: | Copyright ©2017 SAGE. Reprinted by permission of SAGE Publications. |
Uncontrolled Keywords: | automotive,Brexit,European Union,industrial policy,trade,Economics, Econometrics and Finance(all) |
Publication ISSN: | 0027-9501 |
Last Modified: | 06 Aug 2024 07:58 |
Date Deposited: | 13 Mar 2018 14:45 |
Full Text Link: | |
Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2017-11-01 |
Published Online Date: | 2017-10-31 |
Accepted Date: | 2017-10-30 |
Authors: |
Bailey, David
(![]() De Propris, Lisa |