Quotation Badinger, Harald, Breuss, Fritz. 2008. Country Size and the Trade Effects of the Euro. Annual Meeting of the Austrian Economic Association NOeG 2008, Wien, Österreich, 23.05.-24.05.2008.


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Abstract

This paper investigates whether small countries gain relatively more than large countries from an ‘expansion’ of their market through the creation of a singe currency. The introduction of the Euro offers a particularly valuable source to test this hypothesis, which we motivate using the theoretical model by Casella (1996). Our results from a panel data analysis, using both aggregate and disaggregated trade data, point to a statistically significant but quantitatively moderate small country bonus. On average, the Euro has led to an improvement of the small Euro area’s relative export performance by 3 to 9 percent.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Country Size and the Trade Effects of the Euro
Event Annual Meeting of the Austrian Economic Association NOeG 2008
Year 2008
Date 23.05.-24.05.2008
Country Austria
Location Wien
URL http://www.wu-wien.ac.at/europainstitut/noeg

Associations

People
Badinger, Harald (Details)
Breuss, Fritz (Details)
Organization
Institute for International Economics IN (Details)
Europainstitut (Badinger) (Former organization)
Research areas (ÖSTAT Classification 'Statistik Austria')
5115 European integration (Details)
5300 Economics (Details)
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