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Brexit Effects in the Uk and the Eu : = The Comparative Advantages, Wages and Economic Growth.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Brexit Effects in the Uk and the Eu :/
Reminder of title:	The Comparative Advantages, Wages and Economic Growth.
Author:	Leite, Mafalda Luzia Loureiro Fernandes.
Description:	1 online resource (101 pages)
Notes:	Source: Masters Abstracts International, Volume: 85-11.
Contained By:	Masters Abstracts International85-11.
Subject:	Treaties. -
Online resource:	click for full text (PQDT)
ISBN:	9798382540177

Brexit Effects in the Uk and the Eu : = The Comparative Advantages, Wages and Economic Growth.
Leite, Mafalda Luzia Loureiro Fernandes.

Brexit Effects in the Uk and the Eu :The Comparative Advantages, Wages and Economic Growth. - 1 online resource (101 pages)

Source: Masters Abstracts International, Volume: 85-11.

Thesis (M.B.A.)--Universidade do Porto (Portugal), 2022.

Includes bibliographical references

This dissertation aims to study the impacts of Brexit on several economic and trade-related variables like the income inequalities in the UK and the EU, the comparative advantages, the technological knowledge bias and the world's economic growth. The UK's withdrawal from the European Union formally changed the relationship between both economies, creating changes in the country and the other EU members. Britain has been the only sovereign country leaving the integration, consequently generating a climate of uncertainty such that many studies tried to predict the benefits and costs arising from this event, although consensual most of these pessimistic analyses lack accuracy. It is also important to acknowledge that the literature on these effects is very scarce. Therefore, our research aims to fill the gap on the exact consequences of Brexit, considering relevant variables present in any economic study.Methodologically, we developed a theoretical approach to the Brexit implications, expanding a general endogenous equilibrium growth model to later obtain quantitative results and explain the Brexit effects in the context of two economies: Britain and Germany (EU member representative). Our results show that when we consider the Brexit shock relative to the increase in the number of skilled workers in the UK, it will positively enhance the comparative advantage for Germany and lead to the advancement of technological knowledge in the UK. In terms of wage differentials, the intra-country wage inequality in both economies will decrease, while the inter-country wage gap increases in the skilled sector post-Brexit and decreases in the unskilled analysis. Lastly, according to our findings, if the UK Government implements some policy action to prevent significant damages to the economy arising from the withdrawal, that will result in a higher British economic performance.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9798382540177Subjects--Topical Terms:

570600
Treaties.
Index Terms--Genre/Form:

554714
Electronic books.

Brexit Effects in the Uk and the Eu : = The Comparative Advantages, Wages and Economic Growth.
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502 $a Thesis (M.B.A.)--Universidade do Porto (Portugal), 2022.
504 $a Includes bibliographical references
520 $a This dissertation aims to study the impacts of Brexit on several economic and trade-related variables like the income inequalities in the UK and the EU, the comparative advantages, the technological knowledge bias and the world's economic growth. The UK's withdrawal from the European Union formally changed the relationship between both economies, creating changes in the country and the other EU members. Britain has been the only sovereign country leaving the integration, consequently generating a climate of uncertainty such that many studies tried to predict the benefits and costs arising from this event, although consensual most of these pessimistic analyses lack accuracy. It is also important to acknowledge that the literature on these effects is very scarce. Therefore, our research aims to fill the gap on the exact consequences of Brexit, considering relevant variables present in any economic study.Methodologically, we developed a theoretical approach to the Brexit implications, expanding a general endogenous equilibrium growth model to later obtain quantitative results and explain the Brexit effects in the context of two economies: Britain and Germany (EU member representative). Our results show that when we consider the Brexit shock relative to the increase in the number of skilled workers in the UK, it will positively enhance the comparative advantage for Germany and lead to the advancement of technological knowledge in the UK. In terms of wage differentials, the intra-country wage inequality in both economies will decrease, while the inter-country wage gap increases in the skilled sector post-Brexit and decreases in the unskilled analysis. Lastly, according to our findings, if the UK Government implements some policy action to prevent significant damages to the economy arising from the withdrawal, that will result in a higher British economic performance.
520 $a Esta dissertacao tem como objetivo analisar os impactos do Brexit em diversas variaveis economicas e de comercio internacional, nomeadamente nas desigualdades salariais do Reino Unido (RU) e da UE, nas vantagens comparativas, no progresso tecnologico e no crescimento economico mundial. A saida do RU da UE mudou formalmente a relacao entre as duas economias, consequentemente gerando mudancas no pais e nos restantes membros da UE. O RU foi ate agora o unico pais soberano a sair da integracao, acontecimento que criou um clima de incerteza tal, que muitos estudos tentaram prever os beneficios e custos decorrentes deste evento e embora a maioria destas analises sejam consensualmente pessimistas, na realidade carecem de precisao. Adicionalmente, e importante reconhecer que a literatura sobre esses determinados impactos e muito escassa. Concomitantemente, a nossa pesquisa visa preencher a lacuna presente na literatura relativamente as consequencias exatas do Brexit, considerando variaveis relevantes presentes em qualquer estudo economico.Metodologicamente, desenvolvemos uma abordagem teorica das implicacoes do Brexit, expandindo um modelo geral de crescimento endogeno, para posteriormente obter resultados quantitativos que permitam explicar os efeitos do Brexit em um contexto de duas economias: RU e Alemanha (representante membro da UE). Os nossos resultados mostram que quando consideramos como choque do Brexit, um aumento no numero de trabalhadores qualificados no RU, tal conduzira a uma maior vantagem comparativa para a Alemanha e levara a progressos tecnologicos no Reino Unido. Em termos de diferencas salariais pos-Brexit, a desigualdade intra-pais em ambas as economias diminuira, enquanto que a disparidade salarial inter-paises e expectavel que aumente no setor qualificado, e que diminua no setor nao qualificado. Por fim, concluimos que se o governo britanico implementar alguma politica de forma a evitar danos significativos para a economia decorrentes da saida, isso incrementara o desempenho economico do pais.
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