We investigate how adopting the euro affects exports using firm-level data from Slovakia and Estonia. In contrast to … previous studies, we focus on countries that adopted the euro individually and had different exchange rate regimes prior to … and changes in the average value of the exports that compose the exports of individual firms. The euro effect is …

economic crisis. The ongoing financial crisis has made euro adoption more attractive than ever and put it on the top of the … country’s policy agenda. However, shocks affecting Estonia are only weakly synchronized with those of the euro area, and the … structure of its economy also notably differs from the euro zone. To benefit fully from joining the EMU, Estonia must strengthen …

The main aim of this working paper is to analyze the target market patterns of Estonian internationalizing companies … have mostly concentrated their activities on the Baltic markets or exported their production to the home market of the …. Somewhat unexpected was the result that there are no clear differences in target market patterns between firms with differing …