Briefing Paper 14 – BREXIT AND REGIONAL SERVICES EXPORTS: A HEATMAP APPROACH
Written by: Ingo Borchert, Nicolò Tamberi
The UK’s exit from the European Union (EU) is likely to have significant ramifications for services trade because the Single Market has been particularly salient for facilitating the international exchange of services. Yet the discussion of potential effects on the British economy of Brexit has largely been confined to manufacturing sectors at the national level. Less attention has been paid to services sectors, even though the UK economy is particularly strong in exporting services. To address this void, this Briefing Paper describes the rich pattern by which UK regions are exporting different kinds of services. In particular, it traces the extent to which UK regions export services relatively intensively to EU countries relative to other destinations outside the EU.
Read Briefing Paper 14 – BREXIT AND REGIONAL SERVICES EXPORTS: A HEATMAP APPROACH and the Online Appendix.