Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/329635 
Year of Publication: 
2025
Series/Report no.: 
KIT Working Paper Series in Economics No. 174
Publisher: 
Karlsruher Institut für Technologie (KIT), Institut für Volkswirtschaftslehre (ECON), Karlsruhe
Abstract: 
We quantify the economic costs in the UK since the Brexit referendum and discern them from the effects of the COVID-19 pandemic. The simultaneous effects of COVID-19 and Brexit are disentangled by evaluating pandemic-related indices relative to economic losses. These losses are measured with a synthetic control method, allowing for a causal interpretation of Brexit. We demonstrate that the UK has suffered exceptionally during the pandemic and that these additional losses are attributed to the long-term economic effects of Brexit.
Subjects: 
Brexit
COVID-19
Economic effects
Synthetic controls
JEL: 
H0
I1
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.