This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their relationship, at the sectoral level in a group of EU countries. Our main objective is to test at the sectoral level the conclusions of previous aggregate analyses which find that an...

Evidence on the static integration effects of the euro in the first years is difficult to identify. Changes in price differences and trade volumes before and after 1999 hardly show up and may require more time to become visible, although there tend to be considerable differences between euro and...