Jackson, Karen and Shepotylo, Oleksandr (2021). An examination of EU trade disintegration scenarios. World Economy, 44 (1), pp. 2-20.
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, neighbouring 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.
Publication DOI: | https://doi.org/10.1111/twec.13049 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship |
Additional Information: | This is the peer reviewed version of the following article: Jackson, K. and Shepotylo, O. (2020), An examination of EU trade disintegration scenarios. The World Economy. Accepted Author Manuscript, which has been published in final form at https://doi.org/10.1111/twec.13049. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving. |
Uncontrolled Keywords: | Brexit,EU,gravity model,trade policy,Accounting,Finance,Economics and Econometrics,Political Science and International Relations |
Publication ISSN: | 1467-9701 |
Last Modified: | 30 Sep 2024 12:33 |
Date Deposited: | 19 Oct 2020 09:01 |
Full Text Link: | |
Related URLs: |
https://onlinel ... 1111/twec.13049
(Publisher URL) http://www.scop ... tnerID=8YFLogxK (Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2021-01 |
Published Online Date: | 2020-10-09 |
Accepted Date: | 2020-10-01 |
Authors: |
Jackson, Karen
Shepotylo, Oleksandr ( 0000-0003-4990-6025) |