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1. 1. The Euro Effect on Trade : The Trade Effect of the Euro on non-EMU and EMU Members

   University essay from IHH, Economics, Finance and Statistics

   Author : Ga Eun Choi; Stephanie Galonja; [2012]
   Keywords : EMU; Gravity Model; the European Union; Bilateral Trade; Random Effects Model; Panel Data;

   Abstract : The purpose of this paper is to investigate how the changes in trade values are affected by the implementation of the euro currency. We study the EU members, including 11 EMU members and 3 non-EMU members (Sweden, Denmark and the United Kingdom). The empirical analysis is conducted by using a modified version of the standard gravity model. READ MORE