IDEAS home Printed from
   My bibliography  Save this article

The Impact of ‘Brexit’ on Japanese International Trade in EU


  • Yutaka Kurihara

    (Professor of International Economics and Finance Department of Economics, Aichi University 4-60-6 Hiraike Nakamura Nagoya Aichi 453-8777 Japan)


Brexit is an abbreviation for “British exit,†meaning the United Kingdom’s (UK’s) decision on June 23, 2016, to leave the European Union (EU). The national vote’s result surprised global markets and caused immediate turmoil. As the UK has a large and traditional financial market and is a gateway to the EU for international investment and trade, people have much fear, which has caused serious recession all over the world. Japan, which has taken advantage of the relationship between Japan and UK and between the UK and EU, is not an exception. This paper examines the impact of Brexit on Japanese activity in the UK and EU. The gravity model of international trade was employed for empirical analysis. This model states that bilateral trade flows based on the economic sizes and distances between two units can be used to examine reasons for international trade. Empirical analysis in this paper indicates that Brexit has impacted Japanese international trade considering the relationship between the UK and EU.

Suggested Citation

  • Yutaka Kurihara, 2017. "The Impact of ‘Brexit’ on Japanese International Trade in EU," Business, Management and Economics Research, Academic Research Publishing Group, vol. 3(6), pages 57-61, 06-2017.
  • Handle: RePEc:arp:bmerar:2017:p:57-61

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Lannoo, Karel, 2016. "EU Financial Market Access after Brexit," ECMI Papers 11876, Centre for European Policy Studies.
    2. Karel Lannoo, 2016. "EU Financial Market Access after Brexit," CEPS Papers 11876, Centre for European Policy Studies.
    3. Dimitra Dimitropoulou & Philip McCann & Simon P. Burke, 2013. "The determinants of the location of foreign direct investment in UK regions†," Applied Economics, Taylor & Francis Journals, vol. 45(27), pages 3853-3862, September.
    4. Coulibaly, Souleymane, 2009. "Evaluating the Trade Effect of Developing Regional Trade Agreements: a Semi-parametric Approach," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 24, pages 709-743.
    5. repec:eme:ceftpp:jcefts-11-2016-0032 is not listed on IDEAS
    6. Jane Korinek & Mark Melatos, 2009. "Trade Impacts of Selected Regional Trade Agreements in Agriculture," OECD Trade Policy Papers 87, OECD Publishing.
    7. Innwon Park, 2009. "Regional Trade Agreements in East Asia: Will They Be Sustainable? ," Asian Economic Journal, East Asian Economic Association, vol. 23(2), pages 169-194, June.
    8. Decreux, Yvan & Milner, Chris, 2010. "Some New Insights into the Effects of the EU-South Korea Free Trade Area: The Role of Non Tariff Barriers," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 25, pages 783-817.
    9. Katayama, Hajime & Melatos, Mark, 2011. "The nonlinear impact of currency unions on bilateral trade," Economics Letters, Elsevier, vol. 112(1), pages 94-96, July.
    10. Richard Kneller & Mauro Pisu, 2004. "Export-oriented FDI in the UK," Oxford Review of Economic Policy, Oxford University Press, vol. 20(3), pages 424-439, Autumn.
    11. Karel Lannoo, 2016. "EU Financial Market Access After Brexit," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 51(5), pages 255-260, September.
    Full references (including those not matched with items on IDEAS)

    More about this item


    EU; Gravity model; International trade; Japan; UK.;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arp:bmerar:2017:p:57-61. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Managing Editor). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.