This paper estimates a gravity model of trade to evaluate the trade effects of the Euro on sectoral trade within the … Euro Zone, the CFA Franc Zone and between the Eurozone and the CFA Franc Zone, when CFA countries acquired fixed rates … countries but France was not trade related. This is tested using sectoral trade data for 128 countries over the period 1995 …

This paper estimates a gravity model of trade to evaluate the trade effects of the Euro on sectoral trade within the … Euro Zone, the CFA Franc Zone and between the Eurozone and the CFA Franc Zone, when CFA countries acquired fixed rates … countries but France was not trade related. This is tested using sectoral trade data for 128 countries over the period 1995 …

States, Germany and France, over the 1972-1995 period. Then we compare EMU, the ERM and a floating regime through stochastic …