How did the Brexit uncertainty impact services exports of UK firms?

brexit

services-trade

firm-level

Journal of International Business Policy, 2025. With Jun Du and Xiaocan Yuan.

Published

March 1, 2025

Doi

10.1057/s42214-024-00202-6

Brexit-related uncertainty had a measurable, negative effect on UK firms’ services exports — distinct from, and in some respects larger than, the effect of the tariff and non-tariff barriers that eventually took effect. Using firm-level export data and a synthetic difference-in-differences design, we isolate the uncertainty channel from the trade-policy channel by comparing UK firms to a synthetic control built from firms in countries that faced no comparable shock.

Published in: Journal of International Business Policy, 8(1), 80–104

Aston Research Explorer

---
title: "How did the Brexit uncertainty impact services exports of UK firms?"
description: "Journal of International Business Policy, 2025. With Jun Du and Xiaocan Yuan."
date: "2025-03-01"
categories: [brexit, services-trade, firm-level]
doi: "10.1057/s42214-024-00202-6"
---

Brexit-related uncertainty had a measurable, negative effect on UK firms'
services exports — distinct from, and in some respects larger than, the
effect of the tariff and non-tariff barriers that eventually took effect.
Using firm-level export data and a synthetic difference-in-differences
design, we isolate the uncertainty channel from the trade-policy channel by
comparing UK firms to a synthetic control built from firms in countries
that faced no comparable shock.

**Published in:** *Journal of International Business Policy*, 8(1), 80–104

[Aston Research Explorer](https://research.aston.ac.uk/en/persons/oleksandr-shepotylo/publications/)