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Mesurer l'influence des unions monetaires sur le commerce


Author Info

  • Julie Lochard


La problematique de l'integration monetaire s'est longtemps inseree dans le debat entre regimes de change fixes et flexibles. L'article publie en 2000 par Andrew Rose ouvre de nouvelles voies pour la recherche en mettant l'accent sur l'impact macroeconomique des unions monetaires. Il montre que deux pays partageant une meme monnaie commercent en moyenne trois fois plus que deux pays avec des monnaies differentes. Dans cet article, nous tentons de re-estimer l'impact des unions monetaires sur le commerce a partir du meme echantillon. Nous proposons une methode d'estimation en panel permettant de prendre en compte les specificites inobservables des unions monetaires considerees dans cet echantillon. Nous montrons alors que l'effet de l’union monetaire sur le commerce n'est pas un resultat general.

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Bibliographic Info

Article provided by CEPII research center in its journal Economie Internationale.

Volume (Year): (2005)
Issue (Month): 103 ()
Pages: 5-24

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Handle: RePEc:cii:cepiei:2005-3ta

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Keywords: Union monetaire; commerce; gravite; panel;

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Cited by:
  1. Issiaka Coulibaly & Blaise Gnimassoun, 2012. "Optimality of a monetary union : New evidence from exchange rate misalignments in West Africa," EconomiX Working Papers 2012-37, University of Paris West - Nanterre la Défense, EconomiX.


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