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The economic impact of Brexit-induced reductions in migration
We analyse the determinants of migration flows to the UK, and the impact of restrictions on free movement post-Brexit, in both the short and long term. We then provide plausible, empirically based estimates of the likely impacts on growth and wages using relationships from the existing empirical lit...
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Published in: | Oxford review of economic policy 2017-03, Vol.33 (suppl_1), p.S31-S44 |
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container_end_page | S44 |
container_issue | suppl_1 |
container_start_page | S31 |
container_title | Oxford review of economic policy |
container_volume | 33 |
creator | Portes, Jonathan Forte, Giuseppe |
description | We analyse the determinants of migration flows to the UK, and the impact of restrictions on free movement post-Brexit, in both the short and long term. We then provide plausible, empirically based estimates of the likely impacts on growth and wages using relationships from the existing empirical literature. We find that Brexit-induced reductions in migration are likely to have a significant negative impact on UK GDP per capita (and GDP), with marginal positive impacts on wages in the low-skill service sector. |
doi_str_mv | 10.1093/oxrep/grx008 |
format | article |
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source | JSTOR Archival Journals and Primary Sources Collection; EconLit with Full Text; Oxford University Press:Jisc Collections:OUP Read and Publish 2024-2025 (2024 collection) (Reading list) |
title | The economic impact of Brexit-induced reductions in migration |
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