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in Europe. We use corporate-evel data from ten countries that adopted the euro, the three EU countries that did not start …
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This paper analyses the effects of non-tariff barriers, in terms of both variable and fixed export costs, on trade structure. The relationship between fixed and variable trade costs determines whether international trade emerges. If trade emerges, only variable, but not fixed export costs,...
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three EU countries that did not join EMU, as well as Norway and Switzerland. We show that the introduction of the euro has …
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