Title | ||
---|---|---|
Re-visiting the Impact of the Euro on Trade Flows: New Evidence Using Gravity Equation with Poisson Count-Data Technique |
Abstract | ||
---|---|---|
This paper quantifies the most likely trade effects of the euro introduction using a panel data set of 29 European economies extended over the period 1994 to 2011. For this purpose, a gravity model of international trade is used. Following the recommendations of Santos Silva and Tenreyro (2006) paper [The log of gravity. Rev Econ Stat. 88 (4), 641-658], the gravity equation is estimated using Poisson pseudo-maximum-likelihood (PPML) technique. The main finding of this study is that the introduction of the euro has a small but statistically significant effect on export flows of European economies. The PPML estimates report this effect (euro effect) to be around 7%. This effect, although small, matches with the findings of the recent studies. |
Year | DOI | Venue |
---|---|---|
2016 | 10.1007/978-981-10-3325-4_23 | PROCEEDINGS OF SIXTH INTERNATIONAL CONFERENCE ON SOFT COMPUTING FOR PROBLEM SOLVING, SOCPROS 2016, VOL 2 |
Keywords | DocType | Volume |
Bilateral exports,Euro,Gravity equation,PPML | Conference | 547 |
ISSN | Citations | PageRank |
2194-5357 | 0 | 0.34 |
References | Authors | |
0 | 4 |
Name | Order | Citations | PageRank |
---|---|---|---|
Mohd Hussain Kunroo | 1 | 0 | 0.34 |
Irfan Ahmad Sofi | 2 | 0 | 0.34 |
Mansi Khurana | 3 | 0 | 0.34 |
Sandeep Kumar Mogha | 4 | 9 | 2.28 |