Quotation Badinger, Harald, Breuss, Fritz. 2009. Country size and the trade effects of the euro. Weltwirtschaftliches Archiv (Review of World Economics) 145 (2): 207-223.


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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 of the year 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 3-9%.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Weltwirtschaftliches Archiv (Review of World Economics)
Citation Index SSCI
WU Journalrating 2009 A
Language English
Title Country size and the trade effects of the euro
Volume 145
Number 2
Year 2009
Page from 207
Page to 223
Reviewed? Y
URL http://www.springerlink.com/content/g68n1w040j3l/?p=5e0fcd22e17d42a9bd8a3972fff2d0d8&pi=0

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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