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Money Can't Buy EU Love: European Funds and the Brexit Referendum

Listed author(s):
  • Jan Fidrmuc
  • Martin Hulényi
  • Cigdem Börke Tunali

We explore the role of the transfers that UK regions received from the European structural and cohesion funds, as well as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum. We .nd that past European transfers have played virtually no role in the referendum. Economically strong regions tend to be in favor of remaining in the EU. Somewhat surprisingly, the intensity of immigration from the EU is positively correlated with the Remain vote.

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File URL: http://www.cesifo-group.de/DocDL/cesifo1_wp6107.pdf
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 6107.

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Date of creation: 2016
Handle: RePEc:ces:ceswps:_6107
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  1. Campos, Nauro F & Coricelli, Fabrizio & Moretti, Luigi, 2014. "Economic Growth and Political Integration: Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method," CEPR Discussion Papers 9968, C.E.P.R. Discussion Papers.
  2. Sandy Dall'erba & Julie Le Gallo, 2008. "Regional convergence and the impact of European structural funds over 1989-1999: A spatial econometric analysis," Papers in Regional Science, Wiley Blackwell, vol. 87(2), pages 219-244, 06.
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