Study title

Economic development is interregional in nature, with economic growth being determined by physical and technological proximity identified by interregional and national cross-border interactions in trade, investments, and knowledge. This report explains the construction of a system of multiregional input-output tables for the EU28 interlinked with trade in goods and services within the same country as well as with regions in other Member States. Taking transhipment locations into account, trade in goods and services is derived from freight transport data, airline data on flights, and business travel data. The methodology is centred on the probability of trade flows and was developed to fit the information available without pre-imposing any geographical structure on the data.The Economic Impacts of Brexit on the UK, its Sectors, its Cities and its Regions What are the economic impacts of Brexit on the UK's sectors, regions and cities? The findings from our recent research suggest that the UK's cities and regions which voted for Brexit are also the most economically dependent on EU markets for their prosperity and viability. This is a result of their differing sectoral and trade composition. Different impacts are likely for different sectors, and also different impacts are likely between sectors, and these relationships also differ across the country's regions. Some sectors, some regions and some cities will be more sensitive and susceptible to any changes in UK-EU trade relations which may arise from Brexit than others and their long-run competiveness positions will be less robust and more vulnerable than others. This suggests that these sectoral and regional differences need to be very carefully taken into account in the context of the national UK-EU negotiations in order for the post-Brexit agreements to be politically, socially as well as economically sustainable across the country. This project aims to examine in detail the likely impacts of Brexit on the UK's...