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Brexit deal done! A detailed micro- and macroeconomic analysis of its fallout
Economic Systems Research ( IF 2.081 ) Pub Date : 2021-03-02 , DOI: 10.1080/09535314.2021.1887089
José Francisco Cubells 1 , Maria C. Latorre 1
Affiliation  

We offer a rich set of macroeconomic and sectoral effects of Brexit in France, together with macroeconomic ones for the UK, the rest of the EU and the rest of the world. We explain the intuition for the impact on production and trade across the 21 sectors that underlie our macroeconomic estimations (national imports and exports, output, GDP, welfare, wages and rental rate of capital). Our comprehensive technique captures the direct and indirect effects of Brexit on trade. Four types of withdrawal are analysed, including the finally agreed between the EU and the UK on December 2020. This will avoid tariffs, but other medium size (non-tariff) barriers will emerge. The UK, France and the rest of the EU will be harmed by Brexit, although asymmetrically. While Brexit will substantially harm the UK economy, the negative impact on France and the rest of the EU will be limited and similar.



中文翻译:

脱欧协议达成!对其影响的详细微观和宏观经济分析

我们提供一系列丰富的英国退欧对法国的宏观经济和部门影响,以及对英国、欧盟其他地区和世界其他地区的宏观经济影响。我们解释了作为我们宏观经济估计基础(国家进出口、产出、GDP、福利、工资和资本租金率)的 21 个部门的生产和贸易影响的直觉。我们的综合技术捕捉了英国退欧对贸易的直接和间接影响。分析了四种类型的退出,包括欧盟和英国于 2020 年 12 月最终达成协议。这将避免关税,但会出现其他中等规模(非关税)壁垒。英国、法国和欧盟其他国家将受到英国退欧的伤害,尽管是不对称的。虽然英国退欧将严重损害英国经济,

更新日期:2021-03-02
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