Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274652 
Year of Publication: 
2019
Publisher: 
SSRN, Rochester, NY
Abstract: 
We resolve several scenarios of post-Brexit using a multi-country simulations model of neoclassical growth. We started by assuming the UK unilaterally imposed much tighter restrictions on foreign direct investment and trade with other EU countries. Then we assume the European Union imposes and retaliates against the United Kingdom's same restrictions. In the final scenario, the UK has reduced restrictions on other countries through the post-Brexit transition period. The model predictions depend mainly on the policy response to MNCs' investments in technology capital, knowledge accumulated from investments in brands, R&D and organisations used concurrently in their foreign and domestic operations.
Subjects: 
Brexit
Economic growth
Investment
FDI
Trade Policy
International Trade
Economic Integration
Multinational Firms
Management of Technological Innovation and R&D
Persistent Identifier of the first edition: 
URL of the first edition: 
Document Type: 
Working Paper

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