Economics, Econometrics and Finance
2 years ago

Brexit could lead to 20% drop in agricultural exports to UK.

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PLoS ONE
How big a drop in agricultural exports to the United Kingdom after Brexit? Simulations for sensitive products of four Visegrad countries
Karolina Pawlak, Jan Hagemejer, Jan Jakub Michałek, Maria Dunin-Wąsowicz

Paper Summary

Brexit caused a drop in agricultural exports from Visegrad countries to the UK. The study used a model to see how new regulations affected trade. Sensitive products could see a 20% decrease in exports. This change isn't huge for the whole economy, but it's a big deal for producers of those goods.

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