Effect of non-tariff measures on extensive and intensive margins of exports in seafood trade
In: Marine policy, Band 68, S. 47-54
ISSN: 0308-597X
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In: Marine policy, Band 68, S. 47-54
ISSN: 0308-597X
In: Journal of international trade & economic development: an international and comparative review, Band 22, Heft 4, S. 605-638
ISSN: 1469-9559
In: Comparative economic studies, Band 54, Heft 3, S. 661-688
ISSN: 1478-3320
In: Post-communist economies, Band 24, Heft 3, S. 327-349
ISSN: 1465-3958
In: Comparative Economic Studies, Band 54, Heft 3, S. 661-688
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In: China economic review, Band 67, S. 101604
ISSN: 1043-951X
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In: IOS Working Papers, No. 387 May 2020
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Yes ; As the EU and UK negotiate a new relationship, this paper explores the welfare implications of this policy change and its interaction with major trade policy initiatives. We evaluate five Brexit scenarios, based on different assumptions regarding Brexit, TTIP and various free trade deals the UK may attempt to broker with the US or Commonwealth countries. We also consider the dynamics of welfare changes over a period of two decades. Our estimates suggest that the impact of Brexit is negative in all policy scenarios, with lower welfare losses under a soft Brexit scenario. The losses are exacerbated if TTIP comes into force, demonstrating the benefits of being a member of a large trade bloc. However, they occur gradually and can be partially compensated by signing new free trade agreements. To further minimise losses, the UK should avoid a hard Brexit.
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