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We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our … home currency invoicing after the introduction of the euro. In addition, the euro as a vehicle currency has overtaken the … role of the US dollar in Norwegian imports. The econometric analysis shows a significant effect of euro introduction above …
Persistent link: https://www.econbiz.de/10010275698
We know that euro-area member countries have absorbed asymmetric shocks in ways that are inconsistent with a common … estimates of the euro effect on trade based on misalignment. This reveals asymmetric trade effects and heterogeneous outlooks … across countries for the costs and benefits from adopting the euro. -- Euro ; gravity model ; exchange rates ; purchasing …
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The aim of this paper is to verify the impact of the euro adoption on the complexity of goods in Slovenian exports. To … Method to compare the actual levels of export complexity in Slovenia after the adoption of the euro with the counterfactual …
Persistent link: https://www.econbiz.de/10012952840
In this paper we present new evidence on the aggregate effect of the euro on trade using data for 26 OECD countries for … deterministic and the cointegrating vector in the time dimension. This approach allows us to put the adoption of the euro by EMU … changes. Once we control for all of them the euro effect decreases considerably but is still significant …
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In this paper we analyse the effect that the euro has had on trade using a gravity model for 28 countries and covering …
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last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … euro by Russian residents and authorities in international transactions has increased, albeit at an uneven pace. While, in … general, the US dollar remains the major foreign currency used by Russian residents, the euro has gained importance as an …
Persistent link: https://www.econbiz.de/10012750208
When, about twenty years ago, the Euro was created, one objective was to facilitate intra‐European trade by reducing … transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling …
Persistent link: https://www.econbiz.de/10011987554