This paper investigates overall well-being of the UK economy in comparison with other EU member countries-prior to 2015 referendum. The results will help to comprehend the very nature of the exit decision in this light. This work to a certain extent expected to help establish whether the decision taken at the referendum was more reflection of a political nature that accommodated partisan bias- or- rather it was based on the public concerns stemming from economic considerations. This empirical research employs PROMETHEE method which is one of the best known multi criteria methods. The alternatives in the comparison matrix are comprised of 28 EU member countries and the criteria are comprised of nine criteria. The overall performance is the combination of fundamental indicators most of which-one way or another-were related to the political debate on the eve of referendum.
Bank of England (2015), “EU Membership and Bank of
England” Bank of England Weekly Report 21 October, https://www.bankofengland.co.uk/-/media/ boe/files/speech/2015/eu-membership-and-thebank-of-england-pdf (15.5.2017)
Brans, J.P. and Vincke, P. (1985) “A Preference Ranking
Organization Method” Management Science, 31(6):
647-656.
City of London (2013) ‘Switzerland’s Approach to EU
Engagement: A Financial Services Perspective’,
Centre for Swiss Politics, University of Kent, Special
Interest Paper, 1-14. https://www.cityoflondon.gov.
uk/business/economic-research-and-information/
research-publications/Documents/research-2013/
Switzerlands-approach-to-EU-engagement.pdf
(14.6.2017)
Dağdeviren, M. and Eraslan, E. (2008) “PROMETHEE
SıralamaYöntemi ile Tedarikçi Seçimi” Gazi Üniversitesi Mühendislik-Mimarlık Fakültesi Dergisi, 23(1):
69-75.
Emmerson, C., Johnson, P. Mitchell, I. and Phillips, D.
(2016) “Brexit and the UK’s Public Finances”, Institute
for Fiscal Studies, IFS Report 116, 1-80. https://www.
ifs.org.uk/uploads/publications/comms/r116.pdf
(5.5.2017)
HM Treasury (2016) “HM Treasury Analysis: The LongTerm Economic Impact of EU Membership and the
Alternatives” https://www.gov.uk/government/
publications/hm-treasury-analysis-the-long-termeconomic-impact-of-eu-membership-and-the-alternatives (2.3.2017)
House of Commons (2013) ‘Leaving the EU’, Research
Paper 13/42, 1-112. https://beta.parliament.uk/
search?q=leaving+the+EU (12.5.2017)
PwC (2016) “Leaving the EU: Implications for the UK
Economy” Price Water House Coopers (PwC) Report,
https://www.pwc.co.uk/economic-services/assets/
leaving-the-eu-implications-for-the-uk-economy.
pdf (2.3.2017)
Saunders, M., Fordham, T., Subbs, J., Lorenzen,H., Roy, R.,
Schulz, C., Searle, J., Goves, P., Amin, A. and Fahyn J.
(2016) “Brexit Risk: Implications for Economies and
Markets” Citi Europe Research-Economics https://
www.citivelocity.com (23.6.2017).
Özdağoğlu, A. (2013) “Üretim İşletmelerinde Lazer
Kesme Makinelerinin PROMETHEE Yöntemi ileKarşılaştırılması” UluslararasıYönetim İktisat ve İşletme
Dergisi, 9(19): 305-318.
Year 2020,
Volume: 20 Issue: 2, 137 - 151, 30.04.2020
Bank of England (2015), “EU Membership and Bank of
England” Bank of England Weekly Report 21 October, https://www.bankofengland.co.uk/-/media/ boe/files/speech/2015/eu-membership-and-thebank-of-england-pdf (15.5.2017)
Brans, J.P. and Vincke, P. (1985) “A Preference Ranking
Organization Method” Management Science, 31(6):
647-656.
City of London (2013) ‘Switzerland’s Approach to EU
Engagement: A Financial Services Perspective’,
Centre for Swiss Politics, University of Kent, Special
Interest Paper, 1-14. https://www.cityoflondon.gov.
uk/business/economic-research-and-information/
research-publications/Documents/research-2013/
Switzerlands-approach-to-EU-engagement.pdf
(14.6.2017)
Dağdeviren, M. and Eraslan, E. (2008) “PROMETHEE
SıralamaYöntemi ile Tedarikçi Seçimi” Gazi Üniversitesi Mühendislik-Mimarlık Fakültesi Dergisi, 23(1):
69-75.
Emmerson, C., Johnson, P. Mitchell, I. and Phillips, D.
(2016) “Brexit and the UK’s Public Finances”, Institute
for Fiscal Studies, IFS Report 116, 1-80. https://www.
ifs.org.uk/uploads/publications/comms/r116.pdf
(5.5.2017)
HM Treasury (2016) “HM Treasury Analysis: The LongTerm Economic Impact of EU Membership and the
Alternatives” https://www.gov.uk/government/
publications/hm-treasury-analysis-the-long-termeconomic-impact-of-eu-membership-and-the-alternatives (2.3.2017)
House of Commons (2013) ‘Leaving the EU’, Research
Paper 13/42, 1-112. https://beta.parliament.uk/
search?q=leaving+the+EU (12.5.2017)
PwC (2016) “Leaving the EU: Implications for the UK
Economy” Price Water House Coopers (PwC) Report,
https://www.pwc.co.uk/economic-services/assets/
leaving-the-eu-implications-for-the-uk-economy.
pdf (2.3.2017)
Saunders, M., Fordham, T., Subbs, J., Lorenzen,H., Roy, R.,
Schulz, C., Searle, J., Goves, P., Amin, A. and Fahyn J.
(2016) “Brexit Risk: Implications for Economies and
Markets” Citi Europe Research-Economics https://
www.citivelocity.com (23.6.2017).
Özdağoğlu, A. (2013) “Üretim İşletmelerinde Lazer
Kesme Makinelerinin PROMETHEE Yöntemi ileKarşılaştırılması” UluslararasıYönetim İktisat ve İşletme
Dergisi, 9(19): 305-318.
Pütün, M., & Paksoy, S. (2020). An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison. Ege Academic Review, 20(2), 137-151. https://doi.org/10.21121/eab.729513
AMA
Pütün M, Paksoy S. An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison. ear. April 2020;20(2):137-151. doi:10.21121/eab.729513
Chicago
Pütün, Murat, and Semin Paksoy. “An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison”. Ege Academic Review 20, no. 2 (April 2020): 137-51. https://doi.org/10.21121/eab.729513.
EndNote
Pütün M, Paksoy S (April 1, 2020) An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison. Ege Academic Review 20 2 137–151.
IEEE
M. Pütün and S. Paksoy, “An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison”, ear, vol. 20, no. 2, pp. 137–151, 2020, doi: 10.21121/eab.729513.
ISNAD
Pütün, Murat - Paksoy, Semin. “An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison”. Ege Academic Review 20/2 (April 2020), 137-151. https://doi.org/10.21121/eab.729513.
JAMA
Pütün M, Paksoy S. An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison. ear. 2020;20:137–151.
MLA
Pütün, Murat and Semin Paksoy. “An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison”. Ege Academic Review, vol. 20, no. 2, 2020, pp. 137-51, doi:10.21121/eab.729513.
Vancouver
Pütün M, Paksoy S. An Empirical Assessment of UK Economic Performance in the Context of Brexit: An EU Wide Comparison. ear. 2020;20(2):137-51.