Arbeitspapier
Trade Intensity and Output Synchronisation: On the Endogeneity Properties of EMU
Using annual bilateral data over the period 1988-2011 for a panel of 24 industrialised and emerging economies, we analyse in a time-varying framework the determinants of output synchronisation in EMU (European Monetary Union) distinguishing between core and peripheral member states. The results support the specialisation paradigm rather than the endogeneity hypothesis. Evidence is found in the euro period of diverging patterns between the core and the peripheral EMU countries raising questions about the future stability of EMU.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 4172
- Klassifikation
-
Wirtschaft
Trade: General
Economic Integration
Trade: Forecasting and Simulation
Macroeconomic Aspects of International Trade and Finance: General
- Thema
-
output synchronisation
trade intensity
endogeneity
European Monetary Union (EMU)
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Caporale, Guglielmo Maria
De Santis, Roberta
Girardi, Alessandro
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Caporale, Guglielmo Maria
- De Santis, Roberta
- Girardi, Alessandro
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2013
Ähnliche Objekte (12)
Trade intensity and output synchronisation : On the endogeneity properties of EMU
Trade intensity and output synchronisation: On the endogeneity properties of EMU
Exploring CESEE-EMU Synchronisation Patterns
The endogeneity of business cycle synchronisation in SADC: A GMM approach
The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Ten years EMU: Reality test for the OCA endogeneity hypothesis, economic divergences and future challenges
Decoding symbiotic endogeneity: the stochastic input-output analysis of university-business-government alliances
Measuring EMU potential output using a multivariate Beveridge Nelson decomposition
Influence of Clusters on the Intensity of Innovation Outputs
Quantile models with endogeneity
Endogeneity and discrete outcomes
Trade intensity and output synchronisation : On the endogeneity properties of EMU
Trade intensity and output synchronisation: On the endogeneity properties of EMU
Exploring CESEE-EMU Synchronisation Patterns
The endogeneity of business cycle synchronisation in SADC: A GMM approach
The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Ten years EMU: Reality test for the OCA endogeneity hypothesis, economic divergences and future challenges
Decoding symbiotic endogeneity: the stochastic input-output analysis of university-business-government alliances
Measuring EMU potential output using a multivariate Beveridge Nelson decomposition
Influence of Clusters on the Intensity of Innovation Outputs
Quantile models with endogeneity
Endogeneity and discrete outcomes
Trade intensity and output synchronisation : On the endogeneity properties of EMU
Trade intensity and output synchronisation: On the endogeneity properties of EMU
Exploring CESEE-EMU Synchronisation Patterns
The endogeneity of business cycle synchronisation in SADC: A GMM approach
The endogeneity of optimum currency area criteria, intraindustry trade and EMU enlargement
The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement
Ten years EMU: Reality test for the OCA endogeneity hypothesis, economic divergences and future challenges
Decoding symbiotic endogeneity: the stochastic input-output analysis of university-business-government alliances
Measuring EMU potential output using a multivariate Beveridge Nelson decomposition
Influence of Clusters on the Intensity of Innovation Outputs
Quantile models with endogeneity