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 Kunroo100.34
Irfan Ahmad Sofi200.34
Mansi Khurana300.34
Sandeep Kumar Mogha492.28