B for Brexit: A Survey of the Economics Academic Literature

Nauro Campos

No 12134, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper surveys the economics academic literature on Brexit. It is organised in: pillars, channels, and consequences. The two building blocks to understand Brexit are the economic history of the UK-EU relationship and the literature on the political economy of globalisation and populism. The paper then reviews the evidence on the standard mechanisms through which the UK benefited from EU integration (trade, migration and FDI). Next it surveys the short-run effects of the vote and discuss expected long-term consequences of "Brexit proper." It concludes by identifying some main gaps in the economics literature on Brexit.

Keywords: migration; Brexit (search for similar items in EconPapers)
JEL-codes: F10 F22 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2019-02
New Economics Papers: this item is included in nep-eec, nep-hpe and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published - published as 'The Economics of Brexit' in: The New Palgrave Dictionary of Economics , Palgrave Macmillan, London, 2019.

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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp12134

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