Results

Blog

Vox EU:

Deep integration and trade: UK firms in the wake of Brexit

How does dismantling deep integration affect international trade? This column uses firm-level customs data to study the impact of Brexit on UK goods trade. The authors find that in the short term, exit from the Single Ma...Read more...

CentrePiece article

How Brexit affected the trade of UK firms

The UK left the EU’s single market and customs union at the start of 2021, entering into the Trade and Cooperation Agreement with the EU. Rebecca Freeman, Marco Garofalo, Enrico Longoni, Kalina Manova, Rebecca Mari, Thom...Read more...

Blog

LSE British Politics and Policy:

How Brexit affected the trade of UK firms

The UK left the EU's single market and customs union at the start of 2021, entering unto the Trade and Cooperation Agreement with the EU. Rebecca Freeman, Marco Garofalo, Enrico Longoni, Kalina Manova, Rebecca Mari, Thom...Read more...

CEP discussion paper

Deep integration and trade: UK firms in the wake of Brexit

How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK's exit from t...Read more...

Blog

Vox EU:

Supply chain disruptions: Shocks, links, and hidden exposure

Supply chain disruptions are routinely blamed for things ranging from elevated inflation to shortages of medical equipment in the pandemic. But how should exposure to foreign supply chains be measured? Using a global inp...Read more...

Journal article

Asian Economic Policy Review:

Deconstructing Deglobalization: The Future of Trade is in Intermediate Services

This article contests the idea that the world has entered a post-globalization era. It argues that rapid globalization has evolved rather than ended. Even though the global goods trade-to-GDP ratio reached its zenith 15 ...Read more...

Journal article

Economica:

The impact of non-tariff barriers on trade and welfare

Deep trade agreements (DTAs) are widespread and have taken the world beyond tariff liberalization in goods trade. As the importance of global supply chains and the services sector has increased across the world, shallow ...Read more...

External publication

The economics of Brexit: what have we learned?

This eBook, produced by VoxEU/CEPR and UK in a Changing Europe, brings together leading academic researchers on trade, immigration and political economy to assess what we have learned, 18 months on from its implementatio...Read more...

Chapter

The impact of Brexit on UK-EU trade

in The Economics of Brexit: What Have We Learned?

Read more...

CentrePiece article

Trade disruptions in the wake of Brexit

A dramatic fall in the value of UK imports from the European Union relative to the rest of the world occurred when the post-Brexit Trade and Cooperation Agreement came into effect. What's more, according to research by R...Read more...

Blog

LSE Business Review:

Brexit: the major trade disruption came after the UK-EU agreement took effect in 2021

The impact of Brexit on UK trade is a highly contested topic. Rebecca Freeman, Kalina Manova, Thomas Prayer, and Thomas Sampson summarise the findings of new research on how Brexit has affected the UK's goods trade with ...Read more...

CEP discussion paper

UK trade in the wake of Brexit

This paper studies the impact of Brexit on the UK's trade with the EU relative to its trade with the rest of the world. We find no evidence that uncertainty and anticipation effects led to a significant decline in relati...Read more...

Journal article

Annual Review of Economics :

Risks and global supply chains: what we know and what we need to know

Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs had been either shorter and...Read more...

Blog

VoxEU:

Global supply chain risk and resilience

Supply disruptions caused by systemic shocks such as Brexit, Covid, and Russia-Ukraine tensions have catapulted the issue of risk in global supply chains to the top of policy agendas. In some sectors, however, there is a...Read more...

Blog

VoxEU:

Quantifying the full impact of country-specific policies on trade flows

Rebecca Freeman, Mario Larch, Angelos Theodorakopoulos and Yoto Yotov propose a solution to issues measuring country-specific impact using structural gravity models - a popular way to analyse the impact of trade policie...Read more...

Journal article

Economics Letters:

Gravity model estimates of the spatial determinants of trade, migration, and trade-and-migration policies

Using a gravity model, we explore the effects of distance and borders on trade, migration, and trade-and-migration policies and document three key differences between trade and migration patterns in otherwise equivalent ...Read more...

Blog

VoxEU:

The differing effects of globalisation on trade versus migration

Better communications, enhanced transport links, integration agreements between governments, and other factors have all helped increase global economic interconnectedness over the past few decades. This column compares a...Read more...

Blog

VoxEU:

The trade and welfare benefits of deep trade agreements

Deep trade agreements are widespread and have taken the world beyond tariff liberalisation in goods trade. As the importance of global supply chains and the services sector increased across the world, shallow tariff redu...Read more...

CEP discussion paper

The impact of non-tariff barriers on trade and welfare

Deep trade agreements are widespread and have taken the world beyond tariff liberalization in goods trade. As the importance of global supply chains and the services sector increased across the world, shallow tariff redu...Read more...

Journal article

Review of World Economics:

Are all trade agreements equal? The role of distance in shaping the effect of economic integration agreements on trade flows

How does geographic distance affect the impact of trade agreements on bilateral exports, and through what channels? This paper examines this questions in a gravity model context for different types of goods for 185 count...Read more...

CEP discussion paper

Beyond tariff reductions: what extra boost from trade agreement provisions?

There is a growing recognition that for developed economies, like the UK, tariff-free market access is just one of a number of measures that ease cross-border trade flows. Modern trade agreements go beyond tariff reducti...Read more...