Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/301939 
Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
UCD Centre for Economic Research Working Paper Series No. WP24/15
Verlag: 
University College Dublin, UCD School of Economics, Dublin
Zusammenfassung: 
We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of Irish exporters, we compare exporters with different levels of exposure to the UK market before the referendum. Our findings do not point to a significant effect of the referendum on Irish exporters. Over the period 2015-2021, the firms least exposed to the UK - but most internationalised otherwise - had considerably higher exit rates from exporting to the UK and from the market overall. They also saw greater declines in employment and sales compared to more exposed firms. We do not find significant differences for export volumes to the UK or elsewhere or for average wages. These findings are robust to controlling for a variety of firm characteristics.
Schlagwörter: 
Brexit
firm performance
Trade
Wages
Employment
JEL: 
E65
F02
F13
F14
F15
F16
F31
F40
Dokumentart: 
Working Paper

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