Seminar Papers, Institute for International Economic Studies, Stockholm University
No 746:
Trade Volume Effects of the Euro: Aggregate and Sector Estimates
Harry Flam ()
and Håkan Nordström ()
Abstract: The gravity model is used to estimate the trade volume
effects of the creation of the European currency union. The euro is
estimated to have raised the level of aggregate trade between euro
countries in 1998-2002 compared to 1989-1997 by 15 per cent and the level
of trade with outside countries by 8 per cent. The effect is clearly
increasing over time. Estimates for one-digit SITC sectors yield a
concentration of effects to highly processed manufactures, indicating that
the spillover is caused by increasing vertical specialization across
countries.
Keywords: -; (follow links to similar papers)
JEL-Codes: F10; (follow links to similar papers)
35 pages, June 1, 2006
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
FULLTEXT01 
Download Statistics
Questions (including download problems) about the papers in this series should be directed to Erik Prawitz (), Mounir Karadja () or Niels-Jakob Harbo Hansen ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design by Joachim Ekebom
