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The continental divide? Economic exposure to Brexit in regions and countries on both sides of The Channel
Author(s) -
Chen Wen,
Los Bart,
McCann Philip,
OrtegaArgilés Raquel,
Thissen Mark,
Oort Frank
Publication year - 2018
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/pirs.12334
Subject(s) - brexit , negotiation , eu countries , geography , index (typography) , channel (broadcasting) , member states , economic geography , international trade , european union , political science , economics , law , electrical engineering , world wide web , computer science , engineering
In this paper we employ an extension of the World Input‐Output Database (WIOD) with regional detail for EU countries to study the degree to which EU regions and countries are exposed to negative trade‐related consequences of Brexit. We develop an index of this exposure, which incorporates all effects due to geographically fragmented production processes within the UK, the EU and beyond. Our findings demonstrate that UK regions are far more exposed than regions in other countries. Only regions in the Republic of Ireland face exposure levels similar to some UK regions, while the next most affected regions are in Germany, The Netherlands, Belgium and France. This imbalance may influence the outcomes of the negotiations between the UK and the EU.