Country size and the trade effects of the euro
Abstract: This paper investigates whether small countries gain relatively more than large countries from an 'expansion' of their market through the creation of a single currency. The introduction of the euro offers a particularly valuable source to test this hypothesis, which we motivate using the theoretical model by Casella of the year 1996. Our results from a panel data analysis, using both aggregate and disaggregated trade data, point to a statistically significant but quantitatively moderate small country bonus. On average, the euro has led to an improvement of the small euro area’s relative export performance by 3–9%
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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Online-Ressource
- Language
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Englisch
- Notes
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Postprint
begutachtet (peer reviewed)
In: Review of World Economics ; 145 (2009) 2 ; 207-223
- Classification
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Handel, Kommunikation, Verkehr
- Event
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Veröffentlichung
- (where)
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Mannheim
- (when)
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2009
- Creator
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Badinger, Harald
Breuss, Fritz
- DOI
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10.1007/s10290-009-0013-6
- URN
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urn:nbn:de:0168-ssoar-203203
- Rights
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
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15.08.2025, 7:21 AM CEST
Data provider
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
- Badinger, Harald
- Breuss, Fritz
Time of origin
- 2009