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
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch
Notes
Postprint
begutachtet (peer reviewed)
In: Review of World Economics ; 145 (2009) 2 ; 207-223

Classification
Handel, Kommunikation, Verkehr

Event
Veröffentlichung
(where)
Mannheim
(when)
2009
Creator
Badinger, Harald
Breuss, Fritz

DOI
10.1007/s10290-009-0013-6
URN
urn:nbn:de:0168-ssoar-203203
Rights
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:21 AM CEST

Data provider

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Associated

  • Badinger, Harald
  • Breuss, Fritz

Time of origin

  • 2009

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