Dhingra, Swati 
ORCID: 0000-0001-5468-3415, Ottaviano, Gianmarco, Sampson, Thomas ORCID: 0009-0006-2237-5497 and Van Reenen, John ORCID: 0000-0001-9153-2907
(2016)
The question is not whether Brexit will cost the UK in economic terms but how much.
British Politics and Policy at LSE
(21 Mar 2016).
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Abstract
For over two years, a research team at the Centre for Economic Performance (CEP) has been studying the likely impact of the UK leaving the European Union. Their latest report focuses on the impact of ‘Brexit’ through changing trade patterns. Under ‘optimistic’ assumptions, there is a fall in national income of 1.3 per cent (about £850 per household). Under ‘pessimistic’ assumptions, this doubles to 2.6 per cent. When the dynamic effects of higher trade costs on productivity are included, the cost may rise to between 6.3 per cent and 9.5 per cent in the long run.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/politicsandpolicy |
| Additional Information: | © 2016 The Author(s) CC BY-NC-ND 3.0 |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HJ Public Finance |
| Date Deposited: | 24 Mar 2017 15:01 |
| Last Modified: | 11 Dec 2024 15:07 |
| URI: | http://eprints.lse.ac.uk/id/eprint/70700 |
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