Faruqee, Hamid - International Monetary Fund (IMF) - 2004
This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel … data for 22 industrial countries, the analysis estimates the effect of the euro's arrival on area-wide trade compared to … trade, the panel analysis employs cointegration techniques to obtain reliable point estimates of EMU trade effects. Cross …