Finally, the project investigates how workers relocate following layoffs using a unique matched employer-employee database constructed using plant level information from the Business Structure Database and Annual Survey of Hours and Earnings. This evidence on how UK workers respond following layoffs will help policy makers to develop appropriate trade assistance programmes that have not yet been utilised in Britain.
“Firm level impacts of trade policy shocks”. of EU trade policy on UK firms using a novel natural experiment on firm level outcomes in the Business Structure Database. The UK has been a member of the russia rcs data single market since 1993 and has therefore imposed the EU common external tariff and trade remedies schedule. However, the UK has typically preferred a more liberal trade policy regime than its European counterparts. This project utilises information on the nationality of interested parties that requested successfully imposed trade remedies policies to identify policies that no British firm supported and hence were imposed on Britain.
The project first investigates the impact of trade policies on firm level outcomes, including turnover, employment and productivity in the industries directly affected by the trade remedies schedule using firm level data in the Business Structure Database. The project secondly investigates how the impact of trade policies can propagate to affect the wider economy through supply chain networks using information on inter-industry domestic linkages from the Input-Output tables and international linkages using the linked HMRC Overseas Trade Statistics and VAT databases.