The Costs and Benefits of Leaving the EU | E-Axes
 

Search
Login
Username:
Password:
Not a member yet? Click here.
Forgot your Password?
Archives - Categories
Home
On Inequality
On the Eurozone Debt Crisis
On Monetary Policy and Central Banking
On Global Economic Growth
On the Greek Debt Crisis
On the Banking and Financial Sectors
On Brexit
On China
On India
On Global Inflation
On Currencies
On the US Debt
On the "Economics" of the Arab Spring
Blogs
Working Papers
Books
Books suggested by members



The Costs and Benefits of Leaving the EU

date Date: May 1, 2015
date Author(s): Gianmarco Ottaviano, Joao Paulo Pessoa,Thomas Sampson
date Affiliation: LSE
Abstract

What would be the economic effects of the UK leaving the European Union on living standards of British people? We focus on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general equilibrium trade model with multiple sectors, countries and intermediates, as in Costinot and Rodriguez-Clare (2013). Static losses range between 1.13% and 3.09% of GDP, depending on the assumptions used in our counterfactual scenarios. Including dynamic effects could more than double such losses.

Download


© 2011–2017 e-axes. All rights reserved. | Credits | Contact Us | Privacy Statement | Mon 22 Jan, 2018 12:22:22 PM
e-axes is proudly powered by Norder - Creative Solutions