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Scottish independence would be 2-3 times more costly than Brexit, and rejoining the EU won’t make up the difference

Huang, Hanwei, Sampson, Thomas and Schneider, Patrick (2021) Scottish independence would be 2-3 times more costly than Brexit, and rejoining the EU won’t make up the difference. LSE Brexit (04 Feb 2021). Blog Entry.

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Abstract

In this blog, Hanwei Huang, Thomas Sampson and Patrick Schneider (LSE) analyse the economics of Scottish independence by looking at its impact on trade. Independence would put a new border between Scotland and the rest of the UK, introducing new trade costs. They find that since the rest of the UK is Scotland’s largest trading partner, the impact of independence would be 2-3 times greater than that of Brexit, and rejoining the EU wouldn’t make up the difference.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/brexit/
Additional Information: © 2021 The Authors
Divisions: Economics
Centre for Economic Performance
Subjects: J Political Science > JN Political institutions (Europe) > JN1187 Scotland
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
J Political Science > JZ International relations
Date Deposited: 31 Mar 2021 12:42
Last Modified: 11 Aug 2021 23:03
URI: http://eprints.lse.ac.uk/id/eprint/109030

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