Euro Effects on the Intensive and Extensive Margins of Trade
AbstractWe estimate that the euro has increased trade within the eurozone by about 26 per cent and trade between the eurozone and outsiders by about 12 per cent on average for the years 2002-2005 compared to 1995-1998. The percentage increases were maller for products that were exported every year during the sample period than for products that were not, indicating significant and substantial effects on the extensive margin of trade. The euro effects were concentrated to semi-finished and finished products, in particular to industries with highly processed products such as pharmaceuticals and machinery.
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Bibliographic InfoPaper provided by Stockholm University, Institute for International Economic Studies in its series Seminar Papers with number 750.
Length: 48 pages
Date of creation: 01 Dec 2006
Date of revision:
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Postal: Institute for International Economic Studies, Stockholm University, S-106 91 Stockholm, Sweden
Web page: http://www.iies.su.se/
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Other versions of this item:
- Harry Flam & Hakan Nordström, 2006. "Euro Effects on the Intensive and Extensive Margins of Trade," CESifo Working Paper Series 1881, CESifo Group Munich.
- F10 - International Economics - - Trade - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-01-13 (All new papers)
- NEP-EEC-2007-01-13 (European Economics)
- NEP-INT-2007-01-13 (International Trade)
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