at Google ScholarTitle data
Larch, Mario ; Wanner, Joschka ; Yotov, Yoto V.:
Bi- and Unilateral trade effects of joining the Euro.
In: Economics Letters.
Vol. 171
(2018)
.
- pp. 230-234.
ISSN 0165-1765
DOI: https://doi.org/10.1016/j.econlet.2018.08.001
Abstract in another language
We propose a simple theoretically consistent adjustment for structural gravity estimations of the EMU impact on international trade. Our methods result in two contributions to the related literature. First, we show that proper control for intra-national trade flows leads to larger, positive, and statistically significant bilateral EMU effects. The intuition is that joining the EMU promotes trade among member countries at the expense of trade diversion from domestic sales. Second, the introduction of intra-national trade flows enables us to identify Unilateral effects of joining the Euro between members and non-member countries. The unilateral effects are also positive, sizable and statistically significant.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI - Empirical Economic Research > Chair Economics VI - Empirical Economic Research - Univ.-Prof. Dr. Mario Larch Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI - Empirical Economic Research |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 300 Social sciences > 330 Economics |
| Date Deposited: | 21 Aug 2018 12:05 |
| Last Modified: | 15 Jan 2025 14:48 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/45541 |