Abstract
Increased trade integration is considered one of the economic benefits of joining European Monetary Union (EMU). The analysis of trade effects of currency unions peaked around the time of the introduction of the euro in the early 2000s. For this reason, we re-visited the evidence on the effect of the euro on trade, focusing on countries which joined the currency area in recent years. While there may an array of benefits stemming from Eurozone membership, our findings suggest that Eurozone accession is not likely to bring about a significant trade boost.
| Original language | English |
|---|---|
| Type | ESE Focus Paper |
| Publisher | Edinburgh School of Economics Focus Paper Series |
| Number of pages | 2 |
| Publication status | Published - Apr 2016 |
Publication series
| Name | ESE Focus Papers |
|---|---|
| No. | 18 |
Keywords / Materials (for Non-textual outputs)
- euro
- trade
- gravity
- poisson
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Friends without benefits? New EMU members and the “Euro Effect” on trade
Mika, A. & Zymek, R., May 2018, In: Journal of International Money and Finance. 83, p. 75-92Research output: Contribution to journal › Article › peer-review
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Friends without benefits? New EMU members and the “Euro Effect” on trade
Mika, A. & Zymek, R., Feb 2016, Edinburgh School of Economics Discussion Paper Series, 23 p. (ESE Discussion Papers; no. 269).Research output: Working paper › Discussion paper
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