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capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade … integration, which measures the impact of a perturbation in the economy of a country on another country, possibly through … intermediate partners by domino effect. Our application addresses the impact of the launch of the Euro. We find that the indirect …
Persistent link: https://www.econbiz.de/10010735618
This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … currency union trades more with its partners than with non-member countries, the latter measures the integration of a country … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …
Persistent link: https://www.econbiz.de/10011604987
Which have been the consequences of the euro for integration and economic performance in the Baltic Sea region? After … Sea region suggests that the euro provides "the golden fetters" of our time. Emigration, also a kind of integration, has …: the Polish zloty depreciated in the critical moment of the crisis, while currency boards with the aim of joining the euro …
Persistent link: https://www.econbiz.de/10012433742
This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area … underlying effect for non-Euro studies reaches about 50%. However, the Euro's trade promoting effect corrected for publication …
Persistent link: https://www.econbiz.de/10010322281
This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area …-regression analysis, the Euro's trade promoting effect corrected for publication bias is insignificant. The Rose effect literature shows …
Persistent link: https://www.econbiz.de/10008527384
This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area … underlying effect for non-Euro studies reaches about 50%. However, the Euro's trade promoting effect corrected for publication …
Persistent link: https://www.econbiz.de/10004976806
integration on trade based on evidences provided by the euro area experience. The main conclusion is that the hypothesis attracted …Current imbalances in the euro area made it necessary to identify the benefits of a single currency in order to sustain … the viability of it. This paper aims to review existing literature on the endogenous effects of monetary integration …
Persistent link: https://www.econbiz.de/10010632609
The objective of this essay is to access the expected impact of the euro substitution for the Czech crown on exports of …
Persistent link: https://www.econbiz.de/10010704572
The objective of this essay is to access the expected impact of the euro substitution for the Czech crown on exports of …
Persistent link: https://www.econbiz.de/10011031795
While traditional empirical models using determinants like size and trade costs are able to predict RTA formation reasonably well, we demonstrate that allowing for machine detected non-linear patterns helps to improve the predictive power of RTA formation substantially. We employ machine...
Persistent link: https://www.econbiz.de/10012657939