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The Economic Effects of a Spanish Trade Boycott against Catalan Products

Author

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  • Xavier Cuadras Morató
  • Modest Guinjoan

Abstract

We study the potential consequences of a hypothetical trade boycott against Catalan products organized by some sectors of the Spanish society mainly for political reasons. A symmetric trade boycott would have two effects: a reduction of Catalan exports to Spain and a partial process of import substitution in Catalonia. In order to quantify the economic impact of the boycott, we compare the "actual" Catalan economy, as described in the input-output table for 2005, with a "simulated" Catalan economy that takes into account the effects of a boycott on the trade exchanges between Catalonia and Spain.

Suggested Citation

  • Xavier Cuadras Morató & Modest Guinjoan, 2011. "The Economic Effects of a Spanish Trade Boycott against Catalan Products," Working Papers 561, Barcelona Graduate School of Economics.
  • Handle: RePEc:bge:wpaper:561
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    Keywords

    trade boycott; input output analysis;

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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