Estimating the Euro Effects on Trade with Propensity Score Matching*
Pandej Chintrakarn
Review of International Economics, 2008, vol. 16, issue 1, 186-198
Abstract:
We investigate the effect of the euro on trade among EMU members. Using various semi‐nonparametric methods based on matching, we find that the euro has a statistical and economic impact on trade. The results show that two countries sharing the euro currency trade somewhere between 9% and 14% more than other country‐pairs. In addition, we find no evidence of trade diversion due to the euro.
Date: 2008
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https://doi.org/10.1111/j.1467-9396.2007.00725.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:reviec:v:16:y:2008:i:1:p:186-198
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