Narrow search
Showing 1 - 10 of 5,790
Cover Image
Currency unions, trade, and heterogeneity
Chen, Natalie; Novy, Dennis - 2018
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...
Persistent link: https://www.econbiz.de/10011867116
Cover Image
Trade effects of monetary integration in large, mature economies : a primer on the European Monetary Union
Vinhas de Souza, Lúcio - 2002
of the euro area. With a 1980-2001 sample, no consistent significant trade effects from the 1999 creation of EMU are … found, using dummies for the 1999-2001 period. Treating EMU not as a single event but as a part of a long-term integration …
Persistent link: https://www.econbiz.de/10011472291
Cover Image
The importance of accounting for time trends when estimating the Euro effect on trade
Bun, Maurice J. G.; Klaassen, Franc - 2004
To study the effect of the euro on international goods trade one typically estimates a panel model for the level of trade. Trade levels increase over time, and we show that this is not fully explained by the included regressors. Because the euro is only present at the end of the sample, this may...
Persistent link: https://www.econbiz.de/10011334328
Cover Image
The Single Currency's Effects on Eurozone Sectoral Trade : Winners and Losers?
Vicarelli, Claudio - 2011
In this paper we study the effect of the single currency across industries for euro area members. This analysis may help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these factors are specific to individual sectors and/or countries or...
Persistent link: https://www.econbiz.de/10013132149
Cover Image
The Single Currency's Effects on Eurozone Sectoral Trade : Winners and Losers?
de Nardis, Sergio - 2008
majority of the EMU members, at sectoral level there are some countries in which the impact of the euro has been negative. The …
Persistent link: https://www.econbiz.de/10012725827
Cover Image
Measuring the Trade Effects of Emu
Faruqee, Hamid - 2006
This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel …;gravityquot; model of trade, the panel analysis employs cointegration techniques to obtain reliable point estimates of EMU trade effects …. Cross-country differences with respect to EMU trade gains and underlying factors accounting for these differences are also …
Persistent link: https://www.econbiz.de/10012783136
Cover Image
Friends without benefits? : new EMU members and the "euro effect" on trade
Mika, Alina; Zymek, Robert - 2017
We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the … significant boost to their trade from joining EMU. …
Persistent link: https://www.econbiz.de/10011597238
Cover Image
The Euro's effect on trade : an analysis of "old" and "new" EMU members
Mensah, Isaac - 2017
impact on "new" and "old" EMU members. By applying a Poisson estimator and focusing on a sample of 38 countries, our results … relatively large euro's effect on bilateral trade for the "new" EMU countries. We also and no evidence of trade diversion, thus …
Persistent link: https://www.econbiz.de/10011772025
Cover Image
The Single Currency's Effects on Eurozone Sectoral Trade : Winners and Losers?
Vicarelli, Claudio; de Santis, Roberta; de Nardis, Sergio - 2010
Persistent link: https://www.econbiz.de/10014048986
Cover Image
The trade and FDI effects of EMU enlargement
Brouwer, Jelle; Paap, Richard; Viaene, Jean-Marie - 2007
European Monetary Union (EMU) to the 10 countries that obtained EU membership in 2004. One-way and two-way error component …. Using a simulation-based technique, we find that estimates of FDI effects of EMU range between 18.5% for Poland and 30% for …
Persistent link: https://www.econbiz.de/10011372974