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French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329
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 … pseudo out-of-sample forecasts of trade flows for recent euro joiners. In line with our estimation results, we show that …
Persistent link: https://www.econbiz.de/10011597238
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 …
Persistent link: https://www.econbiz.de/10011867116
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 … pseudo out-of-sample forecasts of trade flows for recent euro joiners. In line with our estimation results, we show that …
Persistent link: https://www.econbiz.de/10011615863
put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … integration, the euro?s impact on trade disappears. Moreover, a significant part of the trend in European trade integration is … currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10010296364
We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our …. One of the key findings is that the eurozone countries in trade with Norway have substantially increased their share of … home currency invoicing after the introduction of the euro. In addition, the euro as a vehicle currency has overtaken the …
Persistent link: https://www.econbiz.de/10010275698
put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … integration, the euro's impact on trade disappears. Moreover, a significant part of the trend in European trade integration is … currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10010261162
put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … integration, the euro?s impact on trade disappears. Moreover, a significant part of the trend in European trade integration is … currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10008533515
put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … integration, the euro’s impact on trade disappears. Moreover, a significant part of the trend in European trade integration is … currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10005405814
help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these …In this paper we study the effect of the single currency across industries for euro area members. This analysis may … factors are specific to individual sectors and/or countries or common to the entire euro area. We use a dynamic specification …
Persistent link: https://www.econbiz.de/10010295314