Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/306518 
Authors: 
Year of Publication: 
2024
Series/Report no.: 
Hamburg Contemporary Economic Discussions No. 80
Publisher: 
University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy, Hamburg
Abstract: 
This study is the first to investigate the crossover effect of the UK's exit from the European Union, com-monly referred to as Brexit, and the COVID-19 pandemic. First, we confirm the results of studies explor-ing Brexit and respond to critiques of the literature. By applying the synthetic control group method, this paper reveals the impact of Brexit on GDP per capita (up until the most recent data) has been negative. In a second step, we show that, while COVID-19 had a negative impact on all developed economies, the confluence of the two events resulted in considerably more adverse outcomes in the United Kingdom.
Subjects: 
Brexit
COVID-19
Great Britain
growth
JEL: 
E65
F13
F15
F55
Document Type: 
Working Paper

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