A Meta-analysis of the Effect of Common Currencies on International Trade
Author | : Andrew Rose |
Publisher | : |
Total Pages | : 40 |
Release | : 2004 |
ISBN-10 | : UCSD:31822033210568 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book A Meta-analysis of the Effect of Common Currencies on International Trade written by Andrew Rose and published by . This book was released on 2004 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--NBER website