The nonlinear impact of currency unions on bilateral trade
Abstract
Most gravity model specifications assume that a currency union varies the level of bilateral trade between members by a constant proportion. We demonstrate that a common currency also alters the slope of the relationship between bilateral trade and member country GDPs.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Economics Letters.
Volume (Year): 112 (2011)
Issue (Month): 1 (July)
Pages: 94-96
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Web page: http://www.elsevier.com/locate/ecolet
Related research
Keywords: Currency union Gravity model Common currency;References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Douglas Campbell, 2012.
"Estimating the Impact of Currency Unions on Trade Using a Dynamic Gravity Framework,"
Working Papers
121, University of California, Davis, Department of Economics.
- Campbell, Douglas, 2012. "Estimating the Impact of Currency Unions on Trade Using a Dynamic Gravity Framework," Working Papers 12-01, University of California at Davis, Department of Economics.
- Campbell, Douglas L., 2011. "Estimating the impact of currency unions on trade using a dynamic gravity framework," MPRA Paper 35531, University Library of Munich, Germany.
- Campbell, Douglas L., 2012. "Estimating the Impact of Currency Unions on Trade Using a Dynamic Gravity Framework," MPRA Paper 37091, University Library of Munich, Germany.
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