EU Membership: A Cost-Benefit Analysis for the UK (notice n° 1042418)

détails MARC
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005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250125175852.0
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title fre
042 ## - AUTHENTICATION CODE
Authentication code dc
100 10 - MAIN ENTRY--PERSONAL NAME
Personal name Crafts, Nicholas
Relator term author
245 00 - TITLE STATEMENT
Title EU Membership: A Cost-Benefit Analysis for the UK
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2021.<br/>
500 ## - GENERAL NOTE
General note 64
520 ## - SUMMARY, ETC.
Summary, etc. This paper reviews the evidence on the economic implications of the UK’s accession to the European Economic Community and subsequent EU membership. The benefits were much greater than the costs, probably by a ratio of about 6 to 1. The UK benefited from lower trade costs and higher volumes of trade with other member countries and this raised productivity. Different estimation methods point to permanent gains in the level of real GDP of 8.6 per cent after 10 or 15 years. The costs to the UK were a net contribution to the EU budget which averaged about 0.5 per cent of GDP per year and the adoption of regulations for which compliance costs exceeded benefits, estimated at about 0.9 per cent of GDP per year. Voters in favour of Brexit who were protesting about government policies gave little or no weight to its productivity implications.
786 0# - DATA SOURCE ENTRY
Note Annales des Mines - Réalités industrielles | Février 2021 | 1 | 2021-01-21 | p. 5-8 | 1148-7941
856 41 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://shs.cairn.info/revue-realites-industrielles-2021-1-page-5?lang=en&redirect-ssocas=7080">https://shs.cairn.info/revue-realites-industrielles-2021-1-page-5?lang=en&redirect-ssocas=7080</a>

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