Global Competition and Brexit
Abstract
We show that support for the Leave option in the Brexit referendum was systematically higher in regions hit harder by economic globalization. We focus on the shock of surging imports from China over the past three decades as a structural driver of divergence in economic performance across U.K. regions. An IV approach supports a causal interpretation of our finding. We claim that the effect is driven by the displacement determined by...
Paper Details
Title
Global Competition and Brexit
Published Date
Mar 25, 2018
Volume
112
Issue
2
Pages
201 - 218
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