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Record Nr. |
UNINA9910463993403321 |
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Autore |
Eicher Theo S |
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Titolo |
One money, one market [[electronic resource] ] : a revised benchmark / / prepared by Theo Eicher and Christian Henn |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, Strategy, Policy, and Review Dept., 2009 |
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ISBN |
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1-4623-8300-9 |
1-4527-5006-8 |
1-4518-7333-6 |
9786612843969 |
1-282-84396-6 |
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Descrizione fisica |
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1 online resource (25 p.) |
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Collana |
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IMF working paper ; ; WP/09/186 |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Monetary unions |
Tariff |
Free trade |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di contenuto |
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Contents; I. Introduction; II. Data; III. Empirical Implementation of the Gravity Model; IV. Multilateral Resistance and the Trade Effects of Currency Unions; V. Benchmark CU Trade Effects addressing Multilateral Resistance and Unobserved Bilateral Heterogeneity; VI. Sensitivity Analysis; VII. Conclusion; Tables; 1. Trade Effects of Currency Unions; 2. Sensitivity Analysis: Average Currency Union Effects on Trade; 3. Sensitivity Analysis: Trade Effects of Individual Currency Unions; Appendix Table; A1. Countries in Sample; A2. Membership and Observations for Currency Unions and Boards |
A3. Membership in Preferential Trade AgreementsA4. Bilateral Preferential Trade Agreements; References |
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Sommario/riassunto |
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The introduction of the euro generated substantial interest in measuring the impact of currency unions (CUs) on trade flows. Rose's (2000) initial estimates suggested a tripling of trade and created a literature in search of ""more reasonable"" CU effects. A recent meta- |
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