We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected … euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area … different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks …

had made a limited impact of around 2% in total on the trade flows of the first wave of euro area countries (Baldwin et al … revisits the trade effects of the euro, focusing on the newer euro adopters (i.e. those countries that have adopted the euro … is twofold. First, it revisits the estimated aggregate impact of the euro on euro area trade, as well as on trade within …

help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these … coming from trade integration and points out the fact that sector exports impacts are the aggregation results of firm …

help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these … heterogeneity.Our preliminary results indicate some heterogeneity at country level. Despite statistically pro-trade effects in the … pro trade effects are mainly concentrated in scale intensive industries. Industrial specialization and location of these …

This paper analyses the rapid trade integration of the Central and Eastern European countries (CEEC's) with the euro … estimated for a large sample of bilateral trade flows across 61 countries since 1980. We show that a careful examination of the … the transition process. We therefore propose a two-stage "out-of-sample" approach. The results suggest that trade …

How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation … that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect … of currency unions on international trade. While we estimate that currency unions are associated with a trade increase of …

This paper provides new empirical evidence of the "euro effect" on bilateral trade by allowing for a heterogeneous … relatively large euro's effect on bilateral trade for the "new" EMU countries. We also and no evidence of trade diversion, thus …

The first objective of this paper is to present theoretical approaches to the impact of trade growth (induced by … the lack of an autonomous monetary policy depend on intra-industry trade (IIT) intensity rather than on general trade … susceptibility to asymmetric shocks transmitted mostly through trade channels) - preparedness of the Polish economy to the euro …