Publication

Consequences of Brexit and Options for a "Global Britain"

Brakman, S., Garretsen, J. & Kohl, T., 2017, Munich: CESifo, (CESifo Working Paper; no. 6648).

Research output: Working paperAcademic

APA

Brakman, S., Garretsen, J., & Kohl, T. (2017). Consequences of Brexit and Options for a "Global Britain". (CESifo Working Paper; No. 6648). Munich: CESifo.

Author

Brakman, Steven ; Garretsen, Jan ; Kohl, Tristan. / Consequences of Brexit and Options for a "Global Britain". Munich : CESifo, 2017. (CESifo Working Paper; 6648).

Harvard

Brakman, S, Garretsen, J & Kohl, T 2017 'Consequences of Brexit and Options for a "Global Britain"' CESifo Working Paper, no. 6648, CESifo, Munich.

Standard

Consequences of Brexit and Options for a "Global Britain". / Brakman, Steven; Garretsen, Jan; Kohl, Tristan.

Munich : CESifo, 2017. (CESifo Working Paper; No. 6648).

Research output: Working paperAcademic

Vancouver

Brakman S, Garretsen J, Kohl T. Consequences of Brexit and Options for a "Global Britain". Munich: CESifo. 2017. (CESifo Working Paper; 6648).


BibTeX

@techreport{72e1819ac30646eba0e9cb939f3e3a96,
title = "Consequences of Brexit and Options for a {"}Global Britain{"}",
abstract = "The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit, but has not been explicit what type of trade agreements it envisions (except that it should be broad) or with whom specifically. In this paper, we consider the UK’s options. We first confirm, in line with existing studies, that the negative trade consequences of Brexit are substantial, especially for the UK and also for the EU. After reviewing all potential options, we have a simple answer to the question whether the UK has an alternative for the existing trade agreement with the EU. The answer is: No. Only a trade agreement with the EU can compensate for the negative trade consequences of Brexit.",
keywords = "Brexit, Gravity Model, trade predictions",
author = "Steven Brakman and Jan Garretsen and Tristan Kohl",
year = "2017",
language = "English",
series = "CESifo Working Paper",
publisher = "CESifo",
number = "6648",
type = "WorkingPaper",
institution = "CESifo",

}

RIS

TY - UNPB

T1 - Consequences of Brexit and Options for a "Global Britain"

AU - Brakman, Steven

AU - Garretsen, Jan

AU - Kohl, Tristan

PY - 2017

Y1 - 2017

N2 - The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit, but has not been explicit what type of trade agreements it envisions (except that it should be broad) or with whom specifically. In this paper, we consider the UK’s options. We first confirm, in line with existing studies, that the negative trade consequences of Brexit are substantial, especially for the UK and also for the EU. After reviewing all potential options, we have a simple answer to the question whether the UK has an alternative for the existing trade agreement with the EU. The answer is: No. Only a trade agreement with the EU can compensate for the negative trade consequences of Brexit.

AB - The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit, but has not been explicit what type of trade agreements it envisions (except that it should be broad) or with whom specifically. In this paper, we consider the UK’s options. We first confirm, in line with existing studies, that the negative trade consequences of Brexit are substantial, especially for the UK and also for the EU. After reviewing all potential options, we have a simple answer to the question whether the UK has an alternative for the existing trade agreement with the EU. The answer is: No. Only a trade agreement with the EU can compensate for the negative trade consequences of Brexit.

KW - Brexit

KW - Gravity Model

KW - trade predictions

M3 - Working paper

T3 - CESifo Working Paper

BT - Consequences of Brexit and Options for a "Global Britain"

PB - CESifo

CY - Munich

ER -

ID: 41573461