passthrough

Publication date: 30 Apr 2020 | Publication type: National Institute Economic Review | Theme: Macroeconomics | External authors: Ali-Yrkkö, J, Kuusi, T | JEL classification: F13, F14, F23, L23 | Journal: National Institute Economic Review Issue 252 | Publisher: Cambridge University Press
We analyse the trade routes between the UK and EU countries. Our results show that the relative importance of the UK as a trading partner in the EU has slightly decreased. We further decompose the total value added into components that quantify the value added that is generated through direct trade...