Next Article in Journal
Greenhouse Gas Emissions Growth in Europe: A Comparative Analysis of Determinants
Previous Article in Journal
Understanding the Perceptions of Sustainable Coffee Production: A Case Study of the K’Ho Ethnic Minority in a Small Village in Lâm Đồng Province of Vietnam
Previous Article in Special Issue
The Coordinated Relationship between Investment Potential and Economic Development and Its Driving Mechanism: A Case Study of the African Region
Open AccessArticle

What Does Google Trends Tell Us about the Impact of Brexit on the Unemployment Rate in the UK?

1
Institute for Economic Forecasting of the Romanian Academy, 050711 Bucharest, Romania
2
Lithuanian Institute of Agrarian Economics, 03220 Vilnius, Lithuania
3
Department of Trade and Finance, Faculty of Economics and Management, Czech University of Life Sciences Prague, 165 000 Prague, Czech Republic
*
Authors to whom correspondence should be addressed.
Sustainability 2020, 12(3), 1011; https://doi.org/10.3390/su12031011
Received: 14 December 2019 / Revised: 21 January 2020 / Accepted: 29 January 2020 / Published: 31 January 2020
Considering the debate related to the potential effects of Brexit on the UK economy, the aim of this paper is to assess the impact of Brexit on the monthly unemployment rate since the vote for the UK leave from the European Union. This is one of the most important indicators of sustainable development for the country. The novelty of this research is given by the use of microdata to reflect the political instability brought by Brexit, with Google Trends being the tool for collecting the data. Moreover, the data for the four countries that compose the UK are considered (England, Northern Ireland, Scotland, Wales) in a panel data and multilevel framework. The results are consistent with the analysis of important macroeconomic indicators and indicate that Brexit concerns decreased the unemployment rate in the period June 2016–March 2019, with few arguments being provided for this. The state policies should encourage the investment in order to support the future economic growth and sustainable development of the UK. View Full-Text
Keywords: Brexit; political instability; sustainable development; unemployment rate; Google Trends; Internet data Brexit; political instability; sustainable development; unemployment rate; Google Trends; Internet data
MDPI and ACS Style

Simionescu, M.; Streimikiene, D.; Strielkowski, W. What Does Google Trends Tell Us about the Impact of Brexit on the Unemployment Rate in the UK? Sustainability 2020, 12, 1011.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop