Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962619 | Journal of International Economics | 2012 | 14 Pages |
Abstract
⺠The response of trade to a monetary union is a dynamic process. ⺠The extensive margin of trade in new goods responded several years ahead of EMU. ⺠Early entry is explainable as a rational forward-looking response to news. ⺠A reduction in proportional trade costs imply dynamics consistent with the empirics.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paul R. Bergin, Ching-Yi Lin,