| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w12673 |
| 来源ID | Working Paper 12673 |
| Euros and Zeros: The Common Currency Effect on Trade in New Goods | |
| Richard E. Baldwin; Virginia Di Nino | |
| 发表日期 | 2006-11-09 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper tests whether trade in new goods is partially responsible for the pro-trade effects of the euro and provides a measure of the size of the effect. It works with a very large data set (about 16 million observations) covering twenty countries at the most disaggregated level of trade data that is publicly available. Using predictions from a heterogeneous-firms trade model in a multi-country environment to structure our empirical model, we find that the euro had a positive impact on trade overall. Our findings provide supportive but not conclusive evidence for the new-goods hypothesis. We also determined the pro-trade effect of euro-usage on non-Euroland nations trading with euro-users. We confirmed the absence of trade diversion for non-Eurozone EU members with sizeable overall increase comparable to that of members. |
| 主题 | International Economics ; Trade ; International Finance ; International Macroeconomics |
| URL | https://www.nber.org/papers/w12673 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570335 |
| 推荐引用方式 GB/T 7714 | Richard E. Baldwin,Virginia Di Nino. Euros and Zeros: The Common Currency Effect on Trade in New Goods. 2006. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w12673.pdf（236KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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