Arbeitspapier

The Euro's effect on trade: An analysis of "old" and "new" EMU members

This paper provides new empirical evidence of the "euro effect" on bilateral trade by allowing for a heterogeneous impact on "new" and "old" EMU members. By applying a Poisson estimator and focusing on a sample of 38 countries, our results show a statistically insignificant euro's effect on bilateral exports. However, disaggregating this effect, we report a relatively large euro's effect on bilateral trade for the "new" EMU countries. We also and no evidence of trade diversion, thus corroborating existing evidence. These results are robust to a number of sensitivity checks and, especially, to the use of a larger sample of countries.

Sprache
Englisch

Erschienen in
Series: FIW Working Paper ; No. 179

Klassifikation
Wirtschaft
Empirical Studies of Trade
Economic Integration
International Monetary Arrangements and Institutions
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Thema
Gravity model
Bilateral exports
Euro
Poisson estimator

Ereignis
Geistige Schöpfung
(wer)
Mensah, Isaac
Ereignis
Veröffentlichung
(wer)
FIW - Research Centre International Economics
(wo)
Vienna
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mensah, Isaac
  • FIW - Research Centre International Economics

Entstanden

  • 2017

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