One money, one market : the effect of common currencies on trade
By Andrew K. Rose. 2000
1,700 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/470713f54b5a54c4ba8b01f05eec82022c444110
How researchers see this paper
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In Economics and Econometrics
- Thierry Mayer
- Jeffrey A. Frankel
- D. Novy
- Richard E. Baldwin
- Silvana Tenreyro
- J. Fidrmuc
- F. Toubal
- Keith Head
In Finance
- Jeffrey A. Frankel
- Richard E. Baldwin
- Geert Bekaert
- J. Fidrmuc
- Silvana Tenreyro
- Céline Carrère
- Jakob de Haan
- Campbell R. Harvey
Citations in the corpus
- The Cyclical Nature of North-South FDI Flows (2003, background): “Some authors simply exclude the observations in which the dependent variable takes a value of zero, for which the log does not exist (for example, Rose, 2000).”
- The Log of Gravity (2006, neutral): “…example, Harrigan, 1993), regional trade agreements (for example, Frankel, Stein, & Wei, 1998; Frankel, 1997), exchange rate variability (for example, Frankel & Wei, 1993; Eichengreen & Irwin, 1995), and currency unions (for example, Rose, 2000; Frankel & Rose, 2002; and Tenreyro & Barro, 2002).”
- The Euro Effect on Trade is not as Large as Commonly Thought (2007, neutral): “Rose (2000) explains bilateral trade (that is, exports plus imports) from the contemporaneous national incomes of both countries, their incomes per capita, free trade area and currency union dummies, and time-invariant variables such as distance.”
- Currency unions and trade: the effect is large (2001, result): “9 Still, the ratio of aggregate trade to output is economically and statistically significantly higher for currency union countries compared to other countries, as shown in Table 1 of Rose and Engel (2000) and Table A2 of Frankel and Rose (2000).”
- Regional Integration and the Location of FDI (2003, background): “Some authors (see, for example Rose, 2000) simply exclude the observations in which the dependent variable takes a value of zero, for which the log does not exist.”
- Business Cycle Synchronization in the Enlarged EU (2008, background): “Since Rose (2000), many others have investigated the impact of common currencies on trade, for instance, Persson (2001), Glick and Rose (2001) Rose and Wincoop (2001), Frankel and Rose (2002), Bun and Klaassen (2002), Kenen (2002), and Micco, Stein and Ordoñez (2003).”
- African Regional Agreements: Impact on Trade With or Without Currency Unions (2004, methodology): “…respectively in the two regional areas by the creation of (i) the UDEAO (Customs Union of West 33 Corresponding to the more general conclusion of Rose (2000), Estevadeordal et al. (2002) and Frankel and Rose (2002) who suggest that the main effect of currency unions on bilateral trade seems to…”
- On the Renminbi (2004, neutral): “5 Since Rose (2000), we have come to realize that the empirical effect of a fixed exchange rate on the quantity of trade is stronger than had been previously thought, at least in the case of a common currency.”
- Neo-Functionalism as a Theory of Disintegration (2016, background): “The few studies on the topic suggest a positive relationship between integration and trade: as economic integration deepened within the EC/EU, so did the reciprocal trade among EU members (Agur et al. 2007; Rose 2000, 2001, 2004).”
- Je t'aime, moi non plus : Bilateral opinions and international trade (2007, methodology): “Rose (2000) has implemented this using dummies for historical colonial links and for the fact that the two countries have had the same colonizer.”
- Trade effects of monetary agreements: Evidence for OECD countries (2008, background): “We mainly focus our comments on the fixed effect estimator which, as pointed out by Glick and Rose (2002), is the most appropriate way to exploit the panel data nature of the data set in a study of this kind.”
- The Effect of Exchange Rate Volatility on International Trade in East Asia (2008, methodology): “In this paper, following Rose (2000), we primarily use a widely-used indicator, the real exchange rate volatility, which is constructed as the standard deviation of the first-difference of the monthly natural logarithm of bilateral real distanceij is the geographical distance between countries i and”
- The Mirage of Exchange Rate Regimes for Emerging Market Countries (2003, background): “A hard exchange rate peg will tend to promote openness to trade and economic integration (Frankel and Rose, 2002; Rose, 2000).”
- Real Exchange Rate Misalignments in the Euro Area (2020, neutral): “from the adoption of the single currency, as suggested by Rose (2000) and the elimination of a”