Pattanapong Tiwasing
Brexit and skill shortages: an empirical analysis of UK SMEs
Tiwasing, Pattanapong
Authors
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.
Citation
Tiwasing, P. (2021). Brexit and skill shortages: an empirical analysis of UK SMEs. Economics and Business Letters, 10(1), 9-15. https://doi.org/10.17811/ebl.10.1.2021.9-15
Journal Article Type | Article |
---|---|
Acceptance Date | Mar 1, 2021 |
Online Publication Date | Feb 28, 2024 |
Publication Date | 2021-03 |
Deposit Date | Jul 5, 2023 |
Journal | Economics and Business Letters |
Print ISSN | 2254-4380 |
Peer Reviewed | Peer Reviewed |
Volume | 10 |
Issue | 1 |
Pages | 9-15 |
DOI | https://doi.org/10.17811/ebl.10.1.2021.9-15 |
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