Pre and post effects of Brexit polling on United Kingdom economy: an econometrics analysis of transactional change

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Abstract

The prospective through which United Kingdom (England, Scotland, Wales and Northern Ireland) voted in a referendum to Leave the European Union is known as Brexit. In this research, we discuss the effects of Brexit on United Kingdom economy and to accomplish this task, we have analysed the Pre-Brexit Polling and Post-Brexit Polling economic data and indicators. Different econometric tests are used for analysis and coefficient’s estimation. Three key economic variables are used: Exchange Rate (US dollar to GB Pound), Gold Price and Oil Price. These key variables are famous due to their volatile nature and thus play an important role in the economic growth. The analyses define distinguish effect in coefficients, elements, shocks and attributes on United Kingdom economy by these three key variables in the time frame of Pre and Post Brexit polling.

Keywords

Brexit Pre and post polling effect United Kingdom economy Econometrics Transactional change 

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Copyright information

© Springer Science+Business Media B.V., part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of YorkYorkUK
  2. 2.Department of MathematicsUniversity of YorkYorkUK

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