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Measuring the Trade Effects of EMU Author info | Abstract | Publisher info | Download info | Related research | Statistics Hamid Faruqee
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This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro's arrival on area-wide trade compared to bilateral trade flows between other industrial countries. Controlling for other influences according to the "gravity" model of trade, the panel analysis employs cointegration techniques to obtain reliable point estimates of EMU trade effects. Cross-country differences with respect to EMU trade gains and underlying factors accounting for these differences are also further explored.
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Paper provided by International Monetary Fund in its series IMF Working Papers with number
04/154.
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Length: 28 pages
Date of creation: 27 Aug 2004Date of revision:
Handle: RePEc:imf:imfwpa:04/154Contact details of provider: Postal: International Monetary Fund, Washington, DC USA Phone: (202) 623-7000 Fax: (202) 623-4661 Email: Web page: http://www.imf.org/external/pubind.htm More information through EDIRC
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For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Trade European Economic and Monetary Union Bilateral trade Euro area Other versions of this item:
This paper has been announced in the following NEP Reports :
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Full
references Cited by : (explanations , Please 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.)
Sergio de Nardis & Roberta De Santis & Claudio Vicarelli, 2008.
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THORBECKE, Willem, 2008.
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Matthieu Bussière & Jarko Fidrmuc & Bernd Schnatz, 2005.
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"The single currency’s effects on Eurozone sectoral trade: winners and losers? ,"
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de Nardis, Sergio & De Santis, Roberta & Vicarelli, Claudio, 2008.
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"Evaluating China’s integration in world trade with a gravity model based benchmark ,"
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Gabriel Moser & Wolfgang Pointner & Gerhard Reitschuler, 2004.
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Helge Berger & Volker Nitsch, 2005.
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