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Dr Oleksandr Shepotylo - Aston University. Birmingham, , GB

Dr Oleksandr Shepotylo

Senior Lecturer, Economics, Finance and Entrepreneurship | Aston University


Dr Shepotylo seeks to answer the question of how do firms, industries, and countries grow by integrating into global markets.




Dr Shepotylo is an applied economist focusing on International Trade and Productivity. The central question of his research is: how do firms, industries, and countries grow by integrating into the global markets?

Dr Shepotylo advances research on the effect of trade policy and globalization on economic performance on three levels: looking at firms within a partial equilibrium model of an industry, analyzing bilateral trade flows within a general equilibrium model, and studying global spatial spillovers.

Areas of Expertise (6)

Spatial Economics


International Trade

HB Economic Theory

Trade Policy


Education (3)

University of Maryland: PhD, Economics 2006

New Economic School: MA, Economics 2000

Moscow Power Engineering University: MA, Electrical Engineering 1994

Affiliations (2)

  • Royal Economic Society
  • American Economic Association

Media Appearances (4)

Brexit: UK services are losing out to EU rivals – but Asia could be big winner

The Conversation  online


It seems to confirm that the UK’s services offering has been made less competitive by the EU-UK Trade and Cooperation Agreement hardly covering such business. This has left EU members free to decide whether to allow different UK providers into their markets. But as we shall see, other services exporting countries outside the EU may also benefit as a result.

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More than 40% of British exports have disappeared from European shelves since Brexit

The Independent  online


More than 40 per cent of British products previously exported to the EU have disappeared from European shelves since Brexit, new figures show. Trade economists trying to assess the effects of Brexit warned in research published on Monday that new bureaucracy was putting off exporters.

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China-US trade talks cancelled: why negotiations will still happen eventually

The Conversation  online


Senior trade negotiators from the US and China had been due to have a virtual call on August 15 to check the progress of the “phase one” deal reached by the two nations in January, aimed at overcoming the trade war that has dragged on for the past several years. But it has since been announced that the talks have been postponed, with no new date set. The two sides cited scheduling conflicts and the need to allow China more time to make good on its commitments under the deal.

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The five alternatives to EU single market and customs union would all make UK poorer

The Conversation  online


Concerns are intensifying over the UK’s economic future, thanks to the lack of clarity over what kind of relationship it will have with the EU after Brexit. If the UK were to leave the single market and customs union, there are five obvious alternatives.

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Articles (3)

UK trade in the time of COVID‐19: A review

The World Economy

2022 This paper offers a detailed review of the UK’s trade performance during the COVID-19 crisis and reflects on how this may be revived. During 2020, UK goods exports contracted more sharply than those of its international peers. Statistics suggest that UK had a deeper decline and slower recovery than Germany, Italy, Spain and the US. Further, the trends from 2017 to 2019 show a weakening in the UK’s global competitiveness, suggesting a more persistent development against the backdrop of productivity slowdown and Brexit uncertainty. We analyse the confluence of internal and external factors that impact on UK trade and emphasise the importance of boosting productivity in the recovery from the COVID crisis and Brexit.

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Non‐tariff measures and productivity of Ukrainian food‐processing firms

Journal of Agricultural Economics

2022 Using detailed data on veterinary, ecological, sanitary, phytosanitary and mandatory certification measures, this paper studies the effect of non-tariff measures (NTMs) on firm productivity in the food-processing industry through forward and backward linkages. Using quantity and value of output at product level, we calculate and compare quantity- and revenue-based measures of total factor productivity (TFP). Exploiting the episode of NTM liberalisation in Ukraine in 2008–2012, we find that NTMs on intermediate inputs have a negative effect on quantity-based TFP. Other trade policy variables, including input tariffs and output NTMs also negatively influence productivity. The effect on the revenue-based TFP is weaker due to price and quality adjustments. Interacting changes in input NTMs with import intensity prior to trade liberalisation, we find that firms that used imported inputs more intensively tend to have lower long-run TFP growth.

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Belt and road: The China dream?

China Economic Review

2021 This paper explores the impact of the Belt and Road Initiative (BRI), in terms of changes in trade costs on trade and consumer welfare in China, the EU, and the rest of the World. We employ a general equilibrium structural gravity approach and conduct a counterfactual analysis. Our key findings are as follows: (i) China and the EU are expected to make substantial gains from the BRI due to reductions in transport costs; (ii) signing and implementing a deep FTA between China and the EU is equivalent to transport cost reductions of 15–20%; (iii) the joint policy of the BRI and FTA is super-additive, magnifying the gains from the separate policies; and (iv) where transport cost reductions are 20% or more, the potential negative effect of the China-US trade war on China is more than compensated for by the BRI initiative. Our results provide evidence that the BRI has the potential to deliver significant welfare gains, particularly if combined with other trade integration schemes, and to counterbalance aggressive trade policies.

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