Brexit and Skill Shortages: An Empirical Analysis of UK SMEs

Pattanapong Tiwasing

doi:10.17811/ebl.10.1.2021.9-15

Brexit and Skill Shortages: An Empirical Analysis of UK SMEs

Pattanapong Tiwasing

Faculty Research Centre for Business in Society

Research output: Contribution to journal › Article › peer-review

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Abstract

This paper examines the perspectives of SMEs on Brexit and skill shortages using cross-sectional data of 2,969 SMEs from a UK Government’s Small Business survey for 2016. The logistic regression with clustered standard errors is applied to analyse the association between SMEs considering Brexit as a major business obstacle and the probability of SMEs identifying skill shortages in their businesses. The results show that firms with a shortage of managerial skills/expertise have a 6.5% higher probability to report that Brexit will affect their businesses, followed by difficulties in staff recruitment (4.5%) and shortage of skills within external labour markets (3.8%). Policy recommendations are provided.

Original language	English
Pages (from-to)	9-15
Number of pages	7
Journal	Economics and Business Letters
Volume	10
Issue number	1
DOIs	https://doi.org/10.17811/ebl.10.1.2021.9-15
Publication status	Published - 21 Feb 2021

Bibliographical note

Economics and Business Letters is an open-access quarterly peer-reviewed international journal

Keywords

Brexit
skill shortages
SMEs
United Kingdom
Skill shortages

ASJC Scopus subject areas

Economics, Econometrics and Finance(all)
Business and International Management

Access to Document

10.17811/ebl.10.1.2021.9-15

PublishedFinal published version, 334 KBLicence: Unspecified

https://reunido.uniovi.es/index.php/EBL/article/view/14365/13506Licence: Unspecified
Link to publication in Scopus

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