Policy analysis from the Centre for Economic Performance
CEP BREXIT Analysis
The consequences of Brexit for
UK trade and living standards
Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen
Paper No' CEPBREXIT02:
| Technical Paper
associated with this paper.
The economic consequences of leaving the EU will depend on what policies the UK adopts following Brexit. But lower trade due to reduced integration with EU countries is likely to cost the UK economy far more than is gained from lower contributions to the EU budget.