itself) to a sizable and statistically significant increase in trade between the member countries of EMU. In this paper, we … put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … strong evidence of a gradual increase in trade intensity between European countries. Once we control for this trend in trade …

the single market intensified bilateral trade across euro area countries and contributed to higher business cycle symmetry …. The introduction of the single currency led to an intensification of intra-industry trade which has become the main …

This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro’s influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …

-regulatory convergence has also contributed to the spur of cross-border financial transactions. Trade in goods, while highly correlated with …

World trade contracted sharply in late 2008 and early 2009 following the deepening of the financial crisis in September … 2008. This paper discusses the main mechanisms behind the global downturn in trade and its impact on euro area exports and … recorded losses in productivity during this period. Going forward, the recovery in world trade will depend mainly on a …

Study is focused on mutual relations between FDI and foreign trade in economies going through systemic transformation … institutional arrangements for liberalization of FDI and trade; (3) what type of impact had FDI flows on foreign trade: was it … foreign trade is replaced by an assumption that production factors are transferable and thus stimulating trade and in …

We analyse the nature of German trade-FDI linkages within the EU27 based on a simultaneous equation gravity approach … framework in explaining German trade and FDI activity. Looking carefully at cross-variable linkages we basically find … substitutive links between trade flows and outward FDI in line with earlier empirical evidence for Germany. Building upon German …

affect labour markets in the EU, namely i) trade, ii) foreign direct investment, and iii) migration. A main conclusion of the … study is that trade and capital movements are very unlikely to lead to an equalisation of factor prices. Thus, strong …

A Transatlantic Free Trade Area (TAFTA) has been proposed in the mid-1990s to revitalize the economic and political … trade area for its members with respect to trade in goods and services and investment flows. It then looks at potential …