Exiting the EU & Britain after Brexit

Publication date: 1 Nov 2017 | Publication type: National Institute Economic Review | Theme: Trade, Investment & Productivity, Exiting the EU & Britain after Brexit | Authors: Ebell, M, Riley, R | Journal: National Institute Economic Review Issue 242 | Publisher: Sage Publications, London
While there is a broad understanding of the benefits to globalisation in the aggregate, attention has only recently begun to shift towards its distributional consequences. Regardless of the size of the benefits to the entire economy of increasing international trade, there may be winners and losers...
Publication date: 1 Nov 2017 | Publication type: National Institute Economic Review | Theme: Exiting the EU & Britain after Brexit | External authors: Dhingra, S, Machin, S, Overman, H | JEL classification: F13, F15, F17, R1 | Journal: National Institute Economic Review | Publisher: Sage Publications, London
This paper studies local economic impacts of the increases in trade barriers associated with Brexit. Predictions of the local impact of Brexit are presented under two different scenarios, soft and hard Brexit, which are developed from a structural trade model. Average effects are predicted to be...
Publication date: 1 Nov 2017 | Publication type: National Institute Economic Review | Theme: Exiting the EU & Britain after Brexit | External authors: Clarke, S, Serwicka, I, Winters, L A | JEL classification: F100, F150, F400 | Journal: National Institute Economic Review Issue 242 | Publisher: Sage Publications, London
This paper considers two aspects of this question. First, Brexit has already induced a devaluation of sterling of around 14 per cent since June 2016, which has started to work through to consumer prices: between June 2016 and July 2017 consumer prices increased by around 2.5 per cent. Second, while...
Publication date: 1 Nov 2017 | Publication type: National Institute Economic Review | Theme: Trade, Investment & Productivity, Exiting the EU & Britain after Brexit | External authors: Bailey, D, De Propris, L | JEL classification: F13, F23, L23, L52, L62 | Journal: National Institute Economic Review Issue 242 | Publisher: Sage Publications, London
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...

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