The true costs to the UK economy as a result of Brexit

Posted on February 22, 2019

0




The Centre for European Reform on 27 January 2019 produced one of their Insights dedicated to the costs of Brexit to the UK economy to September 2018 [link]. These analyses indicated that the UK economy is 2.3% smaller than it should have been, which equates to £17 billion per annum or, in ‘side-of-the-bus’ terminology £320 million per week.

150309_BlogI am not an economist, but I do know that the above method using the artificial counterfactual is that of a ‘synthetic control’ (or, in much cooler economic terms, the Doppelganger UK). John Springford was kind enough to provide the data he used and I had a go at further improvement of the analyses…

You can find my analyses here: http://www.funpolice.eu/index.htm

 

Advertisements
Posted in: General