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The effect of the Euro on the bilateral trade distribution

Author

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  • Erik Figueiredo
  • Luiz Lima
  • Georg Schaur

Abstract

This paper investigates whether the introduction of the Euro has affected trade. Contrary to the existing literature and motivated by recent development in trade theory, we apply quantile regressions for panel data to examine the effect of the Euro at moments other than the conditional mean of the trade flow distribution. Our results show that even with this more general approach the Euro’s effect on trade remains bleak. Copyright Springer-Verlag Berlin Heidelberg 2016

Suggested Citation

  • Erik Figueiredo & Luiz Lima & Georg Schaur, 2016. "The effect of the Euro on the bilateral trade distribution," Empirical Economics, Springer, vol. 50(1), pages 17-29, February.
    • Handle: RePEc:spr:empeco:v:50:y:2016:i:1:p:17-29
    DOI: 10.1007/s00181-015-1004-1
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    Cited by:

    1. Giovanni Cerulli & Silvia Nenci & Luca Salvatici & Antonio Zinilli, 2022. "Currency Unions and Global Value Chains: The Impact of the Euro on the Italian Value Added Exports," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(2), pages 373-407, July.
    2. Campbell, Douglas L. & Chentsov, Aleksandr, 2023. "Breaking badly: The currency union effect on trade," Journal of International Money and Finance, Elsevier, vol. 136(C).
    3. Brandon J. Sheridan & Rishav Bista & Erik Figueiredo, 2020. "Growth takeoffs and trade margins: a quantile regression approach," Empirical Economics, Springer, vol. 59(1), pages 275-294, July.
    4. Erik Figueiredo & Luiz Renato Lima, 2020. "Do economic integration agreements affect trade predictability? A group effect analysis," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 637-664, May.
    5. Andrew K. Rose, 2017. "Why do Estimates of the EMU Effect on Trade Vary so Much?," Open Economies Review, Springer, vol. 28(1), pages 1-18, February.
    6. Figueiredo, Erik & Lima, Luiz Renato & Orefice, Gianluca, 2020. "Migration, trade and spillover effects," Journal of Comparative Economics, Elsevier, vol. 48(2), pages 405-421.
    7. Dong Phong Nguyen & Xuan Vinh Vo, 2017. "Determinants of bilateral trade: evidence from ASEAN+3," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 31(2), pages 115-122, November.
    8. Naoto Jinji & Xingyuan Zhang & Shoji Haruna, 2022. "Deep Integration, Global Firms, and Technology Spillovers," Advances in Japanese Business and Economics, Springer, number 978-981-16-5210-3, June.

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    More about this item

    Keywords

    Eurozone; Identification of gravity equations; Quantile estimation; Bilateral trade; F1; C1;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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