The economic impacts of post-Brexit trade options

The project will document the UK’s current trade patterns with the EU and the rest of the world. To do this we will draw on the World Input-Output Database (WIOD). It will then make use of detailed administrative data on firms to describe the proportions of workers employed in different industries at a high degree of geographic disaggregation.

To understand the extent to which greater exposure to trade shocks actually leads to longer-lasting economic impacts on affected workers or regions, the project will examine the labour market effects associated with two historic trade shocks.

Finally, drawing on results from the previous exercises, the project will undertake a review of possible regional and labour market policies aimed at easing the burden of adjustment for those adversely affected by trade shocks.

Professor Rachel Griffith
Research Leader Professor Rachel Griffith Institute for Fiscal Studies
Co-investigators
Professor Marcel Timmer University of Groningen
Mr David Phillips Institute for Fiscal Studies
Dr Matthias Parey University of Essex
Mr Peter Levell Institute for Fiscal Studies
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