G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w25334
来源IDWorking Paper 25334
Brexit Uncertainty and Trade Disintegration
Alejandro Graziano; Kyle Handley; Nuno Limão
发表日期2018-12-10
出版年2018
语种英语
摘要We estimate the uncertainty effects of preferential trade disagreements. Increases in the probability of Britain’s exit from the European Union (Brexit) reduce bilateral export values and trade participation. These effects are increasing in trade policy risk across products and asymmetric for UK and EU exporters. We estimate that a persistent doubling of the probability of Brexit at the average disagreement tariff of 4.5% lowers EU-UK bilateral export values by 15 log points on average, and more so for EU than UK exporters. Neither believed a trade war was likely.
主题Macroeconomics ; International Economics ; Trade ; Globalization and International Relations
URLhttps://www.nber.org/papers/w25334
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583007
推荐引用方式
GB/T 7714
Alejandro Graziano,Kyle Handley,Nuno Limão. Brexit Uncertainty and Trade Disintegration. 2018.
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