Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
Educational Materials
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #4837

"The End of A Romance? A Note on the Quantitative impacts of Brexit"
by Boulanger, Pierre H and George Philippidis


Abstract
This study suggests UK equivalent variation (EV) gains of €8.9 billion on withdrawal from the EU budget. Factoring in associated trade facilitation costs from the loss of UK access to the single market, annual UK EV losses could be as high as €14.0 billion, with the EU28 facing a corresponding loss of €40.4 billion. Interestingly, the extrapolated UK gain arising from withdrawal from the ‘CAP’ component of the EU budget exceeds estimated lower and upper bound trade facilitation costs exclusively on EU agrofood trade. Accordingly, the UK should realistically remain as an EU member, although continue to lobby for reductions in the CAP budget.


Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Published
By/In: Journal of Agricultural Economics
Date: 2015
Version:
Created: Philippidis, G. (6/9/2015)
Updated: Batta, G. (4/27/2017)
Visits: 502
- Dynamic modeling
- Economic growth
- Domestic policy analysis
- Non-Tariff barriers
- Preferential trading arrangements
- The GTAP Data Base and extensions
- European Union


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
No documents have been attached.

Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.