Does a Currency Union Affect Trade? The Time Series Evidence

By Reuven Glick, Andrew K. Rose. 2001

854 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/68dcaa4008d4b28e842132984e9c3a282ea0ddb0

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Citations in the corpus

What drove 19th century commodity market integration (2006, background): “currency unions, see Frankel and Rose (2002), Glick and Rose (2002) , and Rose and van Wincoop (2001).”
The WTO Promotes Trade, Strongly But Unevenly (2003, neutral): “Empirically, it has been used to analyze the effects of regional trade blocs (see Frankel, 1997 and the references cited therein) and currency unions (Frankel and Rose, 2000; Glick and Rose, 2002; Rose, 2000; and Persson, 2001) among other subjects.”
Cross-Border Mergers and Acquisitions and European Integration (2009, positive): “…dimension; if such a variable increases both the probability of joining the same currency union and the intensity of transactions between the two countries, the coefficient related to the impact of the common currency would be biased upwardly (see Glick and Rose, 2002; Baldwin and Taglioni, 2006).”
Revisiting the effects of regional trade agreements on trade flows with proper specification of the gravity model (2006, positive): “In fact, the gravity model has also become a favored tool to assess the ex-post trade effects of a currency union (Glick and Rose, 2002; Rose and Van Wincoop, 2001), or the trade creating (TC) and trade diverting (TD) effects associated with regional trade agreements (RTAs) (Frankel, 1997; Soloaga…”
Gravity Redux: Measuring International Trade Costs with Panel Data (2011, positive): “For example, Glick and Rose (2002) examine whether joining a currency union improves countriestrade ows over time.”
The erosion of colonial trade linkages after independence (2010, background): “La Porta et al. (1998) argue that the British endowed their colonies with a legal system that produces superior economic outcomes.”
Determinants of International Migration Flows to and from Industrialized Countries: A Panel Data Approach beyond Gravity 1 (2010, background): “…(CEPII, or the French Research Center in International Economics)4 came data on distances between geographical regions, official languages, colonial relationships, and proportions of a destination country’s ethnic minorities who speak the origin country’s language (Glick and Rose, 2002).”
Has the euro increased trade (2002, positive): “This result is in line with Glick and Rose (2002) and Thom and Walsh (2002).”
Economic Effects of Currency Unions (2002, positive): “Information on bilateral trade, distance, contiguity, access to water, language, colonial relationships, regional trade agreements, and currency unions come, as before, from Glick and Rose (2002).”
The Currency Union Effect on Trade: Early Evidence from EMU (2003, methodology): “As Glick and Rose (2001) argue, this is not exactly the right question from a policy perspective.”
Trade Spill-Overs of Fiscal Policy in the European Union: A Panel Analysis (2006, positive): “For recent surveys of the potential ways in which fiscal policy changes affect economic activity, see Hemming et al. (2002) or Andersen (2004). 7 Other relevant contributions to this expanding literature include Canova and Pappa (2002), Favero (2003), Burnside et al.”
Comparing alternative methods to estimate gravity models of bilateral trade (2010, background): “Over the last years, researchers such as Egger (2000), Rose and van Wincoop (2001), Mátyás (1998), Egger and Pfaffermayr (2003), Egger and Pfaffermayr (2004), Glick and Rose (2002), Brun et al. (2002), and Melitz (2007) have turned towards panel data3.”