Arbeitspapier

The costs and benefits of leaving the EU

What would be the economic effects of the UK leaving the European Union on living standards of British people? We focus on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general equilibrium trade model with multiple sectors, countries and intermediates, as in Costinot and Rodriguez-Clare (2013). Static losses range between 1.13% and 3.09% of GDP, depending on the assumptions used in our counterfactual scenarios. Including dynamic effects could more than double such losses.

Sprache
Englisch

Erschienen in
Series: CFS Working Paper Series ; No. 472

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
Trade: Forecasting and Simulation
Economic Impacts of Globalization: General
Thema
Trade
European Union
welfare

Ereignis
Geistige Schöpfung
(wer)
Ottaviano, Gianmarco
Pessoa, João Paulo
Sampson, Thomas
Van Reenen, John
Ereignis
Veröffentlichung
(wer)
Goethe University Frankfurt, Center for Financial Studies (CFS)
(wo)
Frankfurt a. M.
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Ottaviano, Gianmarco
  • Pessoa, João Paulo
  • Sampson, Thomas
  • Van Reenen, John
  • Goethe University Frankfurt, Center for Financial Studies (CFS)

Entstanden

  • 2014

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