The End of a Romance? A Note on the Quantitative Impacts of a "Brexit' from the EU
The End of a Romance? A Note on the Quantitative Impacts of a "Brexit' from the EU
复制标题
DOI:
10.1111/1477-9552.12120
复制
发表时间:
2015-09-01
影响因子:
3.4
通讯作者:
Philippidis, George
中科院分区:
文献类型:
--
作者:
Boulanger, Pierre;Philippidis, George
This study suggests UK equivalent variation (EV) gains of Euro8.9billion 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 Euro14.0billion, with the EU-28 facing a corresponding loss of Euro40.4billion. 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.