Heike Joebges () (IMK at the Hans Boeckler Foundation) Evelyn Herrmann () (IMK at the Hans Boeckler Foundation)
Abstract
The attempt is to explain EMU exports and imports, treating the euro area as one single economy. EMU trade is analysed separately for intra- and extra-EMU trade. One result of this approach is that extra- and intra-EMU trade seem to follow a different pattern. Therefore, a separate estimation seems preferable. This is especially true for exports. For imports, the mistake made seems to be smaller. Interestingly, the aggregate of intra- and extra-EMU trade seems to be dominated by the pattern of extra-EMU trade, although both sub-aggregates are of a similar size: Estimation equations for aggregate EMU exports are quite similar to those for extra-EMU exports and the equations for aggregate EMU imports resemble those for extra-EMU imports.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute in its series IMK Working Paper with number
08-2008.
For technical questions regarding this item, or to correct its listing, contact: (Barbara Kunert).
Related research
Keywords:
References listed on IDEAS 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.: