Ruiz Estrada, Mario Arturo and Koutronas, Evangelos and Park, Donghyun (2019) The economic Gordian Knot of Brexit: an East and Southeast Asian perspective. Quality & Quantity, 53 (6). pp. 2797-2820. ISSN 0033-5177, DOI https://doi.org/10.1007/s11135-019-00895-5.
Full text not available from this repository.Abstract
The objective of this paper is to establish conceptual foundations of analyzing the economic dimensions of Brexit. The International Financial-Trade Exchange Leaking Index (TIFTEL-Index) attempts to analyze and compare pre-Brexit versus post-Brexit international trade and international financial transactions between East and Southeast Asia and Europe. TIFTEL-index is based on three main variables, namely (1) international trade exchange marginal rate (∆Τ′), (2) international financial exchange marginal rate (∆σ′), and (3) GDP in real prices growth marginal rate (∆γ). Simulation findings indicate that Brexit will have only a limited negative effect on the world economy. In addition, Brexit will affect East Asia more than Southeast Asia region. © 2019, Springer Nature B.V.
Item Type: | Article |
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Funders: | UNSPECIFIED |
Uncontrolled Keywords: | Asia; Brexit; Economic modeling; Europe; F1; F3; G1; Policy modeling |
Subjects: | H Social Sciences > HC Economic History and Conditions |
Divisions: | Faculty of Economics & Administration |
Depositing User: | Ms. Juhaida Abd Rahim |
Date Deposited: | 19 Mar 2020 04:33 |
Last Modified: | 19 Mar 2020 04:33 |
URI: | http://eprints.um.edu.my/id/eprint/24046 |
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