Dollarization does promote trade

Shu Lin and Haichun Ye

Journal of International Money and Finance, 2010, vol. 29, issue 6, 1124-1130

Abstract: This study re-evaluates the treatment effect of dollarization on trade while explicitly controlling for self-selection of policy adoption. Employing a variety of propensity score matching methods, we show that dollarization not only increases bilateral US trade with dollarized countries, but promotes a dollarizer's bilateral trade with other dollar-zone countries as well.

Keywords: Dollarization; Bilateral; trade; Treatment; effect; Propensity; score; matching (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jimfin:v:29:y:2010:i:6:p:1124-1130

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