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The costs of a border between an independent Scotland and the rest of the UK is estimated at 5.5% of Scotland’s GDP

Comerford, David (2014) The costs of a border between an independent Scotland and the rest of the UK is estimated at 5.5% of Scotland’s GDP. British Politics and Policy at LSE (01 May 2014). Blog Entry.

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Abstract

The ‘border effect’ is the observation that trade is higher within countries than between countries. If in the long run, the border between an independent Scotland and the rest of UK affects trade like the current border between the Republic of Ireland and the UK, then the costs are estimated at 5.5% of Scotland’s GDP, finds David Comerford. However, Scotland could more than counteract that adverse effect if it achieves a level of trade with the rest of the world typical of the small countries of North West Europe.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy
Additional Information: © 2014 The Author(s) CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
J Political Science > JN Political institutions (Europe) > JN1187 Scotland
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 26 Apr 2017 10:32
Last Modified: 20 Feb 2019 15:28
URI: http://eprints.lse.ac.uk/id/eprint/74402

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