What research techniques are most effective in evaluating how trade policy drives prosperity?
Background
Engaging in international trade can be a powerful strategy for domestic firms, however competition effects can mean benefits vary across different parts of the country. Further evidence could address distributional consequences of international trade and investment, to maximise the positive impact across the UK.
Next steps
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Source
This question was published as part of the set of ARIs in this document:
Topics
Related UKRI funded projects
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UK in a Changing Europe Fellowship
What types of trade agreements should the UK join post-Brexit? The world trading system, comprised of multilateral, mega-regional, and bilateral trade agreements offers multiple paths forward for the future of UK trade. ...
Funded by: ESRC
Why might this be relevant?
The project specifically addresses the question by evaluating how trade policy and commitments over domestic policy among trading partners affect firms' decisions to enter and exit foreign markets, set prices and export volumes, and adopt production technologies.
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Centre for Inclusive Trade Policy
For the first time in 50 years the UK has 'sovereignty' over its trade policy. It must now decide, for example, how to configure its free trade agreements, its regulations for imported food and digital trade and its trad...
Funded by: ESRC
Why might this be relevant?
The project focuses on inclusive trade policy and the challenges and opportunities of UK trade policy, but does not directly address the question of research techniques for evaluating trade policy's impact on prosperity.
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Unlocking the potential for future India-UK trade and development
This project aims at understanding which factors stimulate or hamper economic relations between the UK and India. Both countries are important markets for each other's exporters and investors, and it is imperative to unl...
Funded by: ESRC
Why might this be relevant?
The project aims to understand the factors that stimulate or hamper economic relations between the UK and India, which is relevant to evaluating how trade policy drives prosperity.