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The Effects of BREXIT on UK Trade: An Empirical Study of Exports
[Les effets du BREXIT sur les échanges du Royaume Uni : une étude empirique sur les exportations]

Author

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  • Mohamed Reda Ararsa

    (FSJES Souissi RABAT - Faculté des Sciences juridiques, économiques et sociales Souissi RABAT)

  • ELOUARDIRHI Saad

    (FSJES Souissi RABAT - Faculté des Sciences juridiques, économiques et sociales Souissi RABAT)

Abstract

BREXIT is a significant event in the history of the United Kingdom, whether economically or geopolitically since it has had major repercussions that have disrupted not only economic growth but also the country's trade with its partners. The objective of this paper is to analyze these repercussions on the United Kingdom's exports. To do this, we took a sample of data from 19 countries that have trade links with the United Kingdom. The study period spans from 2013 to 2023. The method we chose to estimate our model is that of generalized moments (MMG), because it allows us to identify the reverse causal relationships between the variables. The results showed that among the variables chosen for our model, the GBP exchange rate variable, the BREXIT variable and the partner's GDP variable had a significant effect on the United Kingdom's exports.

Suggested Citation

  • Mohamed Reda Ararsa & ELOUARDIRHI Saad, 2024. "The Effects of BREXIT on UK Trade: An Empirical Study of Exports [Les effets du BREXIT sur les échanges du Royaume Uni : une étude empirique sur les exportations]," Post-Print hal-04788288, HAL.
    • Handle: RePEc:hal:journl:hal-04788288
    DOI: 10.5281/zenodo.14031699
    Note: View the original document on HAL open archive server: https://hal.science/hal-04788288v1
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    References listed on IDEAS

    as
    1. Fernandes, Ana P. & Winters, L. Alan, 2021. "Exporters and shocks: The impact of the Brexit vote shock on bilateral exports to the UK," Journal of International Economics, Elsevier, vol. 131(C).
    2. de Lucio, Juan & Mínguez, Raúl & Minondo, Asier & Requena, Francisco, 2024. "The negative impact of disintegration on trade: The case of Brexit," European Economic Review, Elsevier, vol. 163(C).
    3. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
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