A meta-analysis of the effect of common currencies on international trade
By: Andrew Rose.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10373; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10373.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Monetary unions.; International trade.
Description: "Thirty-four recent studies have investigated the effect of currency union on trade, resulting in 754 point estimates of the effect.  This paper is a quantitative attempt to summarize the current state of debate; meta-analysis is used to combine the disparate estimates.  The chief findings are that: (a) the hypothesis that there is no effect of currency union on trade can be rejected at standard significance levels; (b) the combined estimate implies that a bilateral currency union increase trade by between 30% and 90%; and (c) the estimates are heterogeneous and not consistently tied to most features of the studies"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/14/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.