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The effect of the Euro on the bilateral trade distribution

Author

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  • Erik Figueiredo
  • Luiz Lima

    ()

  • Georg Schaur

Abstract

This paper investigates whether the introduction of the Euro has affected trade. Contrary to the existing literature and motivated by recent development in trade theory, we apply quantile regressions for panel data to examine the effect of the Euro at moments other than the conditional mean of the trade flow distribution. Our results show that even with this more general approach the Euro’s effect on trade remains bleak. Copyright Springer-Verlag Berlin Heidelberg 2016

Suggested Citation

  • Erik Figueiredo & Luiz Lima & Georg Schaur, 2016. "The effect of the Euro on the bilateral trade distribution," Empirical Economics, Springer, vol. 50(1), pages 17-29, February.
  • Handle: RePEc:spr:empeco:v:50:y:2016:i:1:p:17-29
    DOI: 10.1007/s00181-015-1004-1
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    References listed on IDEAS

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    Cited by:

    1. Andrew K. Rose, 2017. "Why do Estimates of the EMU Effect on Trade Vary so Much?," Open Economies Review, Springer, vol. 28(1), pages 1-18, February.
    2. repec:bla:apacel:v:31:y:2017:i:2:p:115-122 is not listed on IDEAS
    3. Campbell, Douglas L. & Chentsov, Aleksandr, 2017. "Breaking Badly: The Currency Union Effect on Trade," MPRA Paper 79973, University Library of Munich, Germany.

    More about this item

    Keywords

    Eurozone; Identification of gravity equations; Quantile estimation; Bilateral trade; F1; C1;

    JEL classification:

    • F1 - International Economics - - Trade
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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