| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2919 |
| DP2919 Price Dispersion and Learning in a Dynamic Differentiated-Goods Duopoly | |
| Sven Rady; R Godfrey Keller | |
| 发表日期 | 2001-08-05 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | Does leaving a currency union reduce international trade? We answer this question using a large annual panel data set covering over 230 countries from 1948-97. During this sample over one hundred pairs of countries had currency union dissolutions; they experienced economically and statistically significant declines in bilateral trade, after accounting for other factors. Assuming symmetry, we estimate that a pair of countries that starts to use a common currency experiences a doubling in bilateral trade. |
| 主题 | International Macroeconomics |
| 关键词 | Monetary Gravity Empirical International Bilateral Country Common currency Union Fixed Random |
| URL | https://cepr.org/publications/dp2919 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531954 |
| 推荐引用方式 GB/T 7714 | Sven Rady,R Godfrey Keller. DP2919 Price Dispersion and Learning in a Dynamic Differentiated-Goods Duopoly. 2001. |
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