The Conversation:
How Brexit would reduce foreign investment in the UK - and why that matters
15 April 2016
Foreign investors love Britain, but Brexit would kill the vibe. According to new research colleagues and I have conducted at the Centre for Economic Performance, leaving the European Union could lead to a fall in inward foreign direct investment into the UK of close to a quarter. This would damage productivity and could lower people's real incomes by more than 3%. Case studies of cars and financial services - two UK success stories - show, that Brexit would also lower EU-related output of goods and services, and erode the UK's ability to negotiate concessions from regulations on EU-related transactions.
This article was published online by The Conversation blog on April 15, 2016
Link to article here
Related publications
The impact of Brexit on foreign investment in the UK, Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen, CEP Brexit Analysis Series Paper No.03, April 2016
See Technical Appendix to CEP Brexit Analysis Series Paper No.3 here
Related links
John Van Reenen webpage
Growth Programme webpage