Modelling the Medium to Long Term Potential Macroeconomic Impact of Brexit on Ireland

Adele Bergin, Abian Garcia Rodriguez, Niall Mc Inerney, Edgar Morgenroth and Donal Smith

No WP548, Papers from Economic and Social Research Institute (ESRI)

Abstract: There is almost a complete consensus in the international literature that BREXIT will have a negative effect on the UK economy both in the short and long-run. The UK is one of Ireland’s closest economic partners and little is known about the potential macro-economic impact that BREXIT could have on the Irish economy. In this paper, we use the new COre Structural MOdel of the Irish economy (COSMO) to attempt to quantify the medium to long-run impact of BREXIT on the Irish economy under a series of alternative scenarios. These scenarios are intended to cover a range of potential agreements between the UK and the EU. We find that the level of Irish output is permanently below what it otherwise would have been in the absence of BREXIT.

Date: 2016-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.esri.ie/pubs/WP548.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (https://www.esri.ie/pubs/WP548.pdf [301 Moved Permanently]--> https://www.esri.ie/system/files?file=media/file-uploads/2016-11/WP548.pdf)

Related works:
Journal Article: Modelling the Medium- to Long-Term Potential Macroeconomic Impact of Brexit on Ireland (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:esr:wpaper:wp548

Access Statistics for this paper

More papers in Papers from Economic and Social Research Institute (ESRI) Contact information at EDIRC.
Bibliographic data for series maintained by Sarah Burns ().