Country Size and the Trade Effects of the Euro

Aktivität: VortragWissenschaftlicher Vortrag (Science-to-Science)


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.
Zeitraum23 Mai 200824 Mai 2008
EreignistitelAnnual Meeting of the Austrian Economic Association NOeG 2008
VeranstaltungstypKeine Angaben

Österreichische Systematik der Wissenschaftszweige (ÖFOS)

  • 506004 Europäische Integration