The Euro's Trade Effects

By Richard E. Baldwin, Jacques Mélitz, Jeffrey A. Frankel. Social Science Research Network, 2006

235 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/c5a5391f322195f677b73c73af55e405b03fb503

Citations in the corpus

• The cost of non-Europe, revisited* (2019, unknown): “Our results confirm the literature finding (Baldwin, 2006, for instance) that a common currency, and the euro in particular, have a trade effect that is very sensitive to the set of fixed effects introduced in the regression.”
• The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research (2010, unknown): “For example, based on Andrew K. Rose (2000) and subsequent contributions, Richard Baldwin (2006) has recently surveyed the empirical literature on how (European) monetary unification affects the volume of international trade, while Philip R. Lane (2006) has surveyed how the EMU has affected capital ”
• Gravity Equations: Workhorse,Toolkit, and Cookbook (2013, unknown): “These results validate the decision of Baldwin and Taglioni (2007) to bestow their “gold medal” mistake to gravity regressions that fail to include exporter and importer dummies.”
• The Trade and FDI Effects of EMU Enlargement (2008, unknown): “In his interpretive survey of the literature, Baldwin (2006) mentions the following drawbacks.”
• The Puzzling Persistence of the Distance Effect on Bilateral Trade (2008, unknown): “This specification overcomes what Baldwin (2006) calls the “gold medal” mistake in gravity equations—the failure to consider relative prices.”
• International Finance and Income Convergence: Europe is Different (2007, unknown): “10 For recent estimates, see Baldwin (2006).”
• European Economic and Monetary Integration, and the Optimum Currency Area Theory (2008, unknown): “3 See also Wyplosz (2007), European Commission (1991), Begg et al (1991), Bini-Smaghi, Padoa-Schioppa and Papadia (1993), Kenen (1995), Baldwin et al (2001), and Baldwin et al (2004).”
• What if the UK or Sweden had joined the Euro in 1999? An empirical evaluation using a global VAR (2007, unknown): “In the VARX* only the just identifying restrictions are imposed on the cointegrating vectors.”
• The European Union, the Euro, and Equity Market Integration (2010, unknown): “Increased trade opportunities may indeed cause cash flow processes to be more correlated as business cycle transmission intensifies (Frankel and Rose, 1998), but it may also lead to more specialization. However, we control for the latter by only comparing earnings yields on an industry-by-industry b”
• Multilateral Resistance to Migration (2013, unknown): “Third, the theoretical and empirical analysis presented here is related to the papers in the trade literature that discuss the relevance of multilateral resistance to trade (Anderson and van Wincoop, 2003, 2004; Baldwin, 2006).”
• Cross-Border Mergers and Acquisitions and European Integration (2009, unknown): “We assess the role of European integration using dummy variables as in the trade literature (see Baldwin, 2006, for a survey).”
• What Lies Beneath the Euro's Effect on Financial Integration? Currency Risk, Legal Harmonization, or Trade? (2010, unknown): “As Baldwin (2006) forcefully emphasizes in the similar context of the euro’s impact on goods trade, it is vital that we investigate the underlying roots of this e ect.”