Economics Technical Working Paper

Estimating the Potential Impact of Brexit on Commonwealth Tourism, Remittances and Aid

DOI:https://doi.org/10.14217/b6bc98fd-en

This paper analyses the responsiveness of Commonwealth tourism, remittances and aid to changes in UK macroeconomic indicators, in particular, to UK GDP and the UK exchange rate, using a panel data gravity model approach. It finds a negligible impact from Brexit on these Commonwealth sectors and...



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