Trade-offs : understanding future trade options for Scotland

Figus, Gioele and McGregor, Peter and McIntyre, Stuart and Roy, Graeme (2023) Trade-offs : understanding future trade options for Scotland. National Institute Economic Review, 260 (1). pp. 26-39. ISSN 0027-9501 (https://doi.org/10.1017/nie.2022.7)

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Abstract

Trade issues lie at the heart of the two biggest constitutional challenges the UK has faced in decades: Brexit and Scottish independence. Brexit has demonstrated the economic importance of borders and led to renewed calls for Scottish independence. While there are a range of possible trading arrangements an independent Scotland could pursue, all of them involve economically significant change. In this paper, we describe Scottish trade patterns and review the range of options that a newly independent Scotland might have for its trading arrangements. We then model the relative economic importance of these different potential trading arrangements.

ORCID iDs

Figus, Gioele ORCID logoORCID: https://orcid.org/0000-0002-2642-5504, McGregor, Peter ORCID logoORCID: https://orcid.org/0000-0003-1221-7963, McIntyre, Stuart ORCID logoORCID: https://orcid.org/0000-0002-0640-7544 and Roy, Graeme;
  • Item type:Article
    ID code:80134
    Dates:
    Date
    Event
    11 January 2023
    Published
    11 January 2023
    Published Online
    5 April 2022
    Accepted
    6 January 2022
    Submitted
    Keywords:trade, Scotland, trade-offs, future trade options, Scottish independence, trading arrangements, Regional economics. Space in economics, Economics, Econometrics and Finance(all)
    Subjects:Social Sciences > Communities. Classes. Races > Regional economics. Space in economics
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:07 Apr 2022 14:42
    Last modified:02 Jun 2023 14:08
    URI:https://strathprints.strath.ac.uk/id/eprint/80134
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