000			01254nam a22001577a 4500
999			_c517097 _d517097
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100			_aMcGrattan, Ellen R. and Weddle, Andrea _926104
245			_aThe Impact of Brexit on Foreign Investment and Production
260			_aAmerican Economic Journal Macroeconomics
300			_a12(1), Jan, 2020: p.76-103
520			_aUsing simulations from a multicountry neoclassical growth model, we analyze several post-Brexit scenarios. First, the United Kingdom unilaterally imposes tighter restrictions on FDI and trade from other EU nations. Second, the European Union retaliates and imposes the same restrictions on the United Kingdom. Finally, the United Kingdom reduces restrictions on other nations during the post-Brexit transition. Model predictions depend crucially on the policy response of multinationals' investment in technology capital, accumulated know-how from investments in R&D, brands, and organizations used simultaneously in their domestic and foreign operations. – Reproduced
650			_aTrade Policy; International Trade Organizations, Multinational Firms; International Business, _926105
773			_aAmerican Economic Journal Macroeconomics
906			_aBREXIT
942			_cAR