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Abstract
From the 1 January 2021 the new Protocol on Northern Ireland (NI) regulates NI’s trade with the European Union (EU) and Great Britain (GB). These rules imply divergence between trade arrangements in NI and GB creating an unprecedented situation where trade frictions arise between two regions of the same country. In this paper we use a multi-sector economic model to capture the impact that potential non-tariff barriers and tariffs will have on trade in NI. Simulation results demonstrate that a weaker relation between GB and the EU will have a greater negative impact on the NI economy. However, this may be reduced by the ability of NI firms to substitute intermediate inputs from GB for EU imports.
Original language | English |
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Pages (from-to) | 1-14 |
Number of pages | 14 |
Journal | Regional Studies |
Early online date | 22 Nov 2021 |
DOIs | |
Publication status | E-pub ahead of print - 22 Nov 2021 |
Keywords
- Brexit
- Northern Ireland Protocol
- regional trade
- CGE
- European Union
- European trade
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Dive into the research topics of 'The impact of the new Northern Ireland protocol: can Northern Ireland enjoy the best of both worlds?'. Together they form a unique fingerprint.Projects
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SGSSS Partnership Agreement | Duparc-Portier, Geoffroy
Dickson, A., Figus, G. & Duparc-Portier, G.
ESRC (Economic and Social Research Council)
1/10/20 → 1/10/23
Project: Research Studentship - Internally Allocated
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Economic Commentary [December 2021]
Fraser of Allander Institute, Spowage, M., McGeoch, A., Fox, C., Eiser, D., Mcalinden, R. & McIntyre, S., 16 Dec 2021, In: Fraser of Allander Economic Commentary. 45, 4, p. 1-26 26 p.Research output: Contribution to journal › Article
Open AccessFile -
Online appendices for: "The new Northern Ireland protocol : can Northern Ireland enjoy the best of both worlds?"
Duparc-Portier, G. & Figus, G., 2 Jun 2021, Glasgow: University of Strathclyde. 32 p.Research output: Book/Report › Other report
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