Langhammer, Rolf J.; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2006
trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent … are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade … to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity …