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.
- Language
-
Englisch
- Bibliographic citation
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Series: CFS Working Paper Series ; No. 472
- Classification
-
Wirtschaft
Trade Policy; International Trade Organizations
Trade: Forecasting and Simulation
Economic Impacts of Globalization: General
- Subject
-
Trade
European Union
welfare
- Event
-
Geistige Schöpfung
- (who)
-
Ottaviano, Gianmarco
Pessoa, João Paulo
Sampson, Thomas
Van Reenen, John
- Event
-
Veröffentlichung
- (who)
-
Goethe University Frankfurt, Center for Financial Studies (CFS)
- (where)
-
Frankfurt a. M.
- (when)
-
2014
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ottaviano, Gianmarco
- Pessoa, João Paulo
- Sampson, Thomas
- Van Reenen, John
- Goethe University Frankfurt, Center for Financial Studies (CFS)
Time of origin
- 2014
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