Dollarization does promote trade
This study re-evaluates the treatment effect of dollarization on trade while explicitly controlling for self-selection of policy adoption. Employing a variety of propensity score matching methods, we show that dollarization not only increases bilateral US trade with dollarized countries, but promotes a dollarizer's bilateral trade with other dollar-zone countries as well.
Year of publication: |
2010
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Authors: | Lin, Shu ; Ye, Haichun |
Published in: |
Journal of International Money and Finance. - Elsevier, ISSN 0261-5606. - Vol. 29.2010, 6, p. 1124-1130
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Publisher: |
Elsevier |
Keywords: | Dollarization Bilateral trade Treatment effect Propensity score matching |
Saved in:
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