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Trade and the Euro: Effects on Bystanders

Gullstrand, Joakim LU and Olofsdotter, Karin LU (2019) In Applied Economics Letters 26(9). p.726-730
Abstract
This article investigates trade effects of the euro focusing on the impact on bystanders. We use data for Swedish firms and examine the impact on exporting firms’ intensive and extensive margins of trade. Our result shows an overall increase in Swedish firms’ exports to the euro area after the introduction of the single currency, indicating that the euro has decreased trade costs also for outsiders. In addition, we find important heterogeneity in the sample, suggesting that it is the large majority of small firms that has increased trade flows with the Eurozone the most.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Applied Economics Letters
volume
26
issue
9
pages
5 pages
publisher
Routledge
external identifiers
  • scopus:85049579119
ISSN
1466-4291
DOI
10.1080/13504851.2018.1489999
language
English
LU publication?
yes
id
a5da038f-3c71-4b46-88e7-338181934b85
date added to LUP
2018-06-14 13:00:09
date last changed
2020-01-13 00:46:19
@article{a5da038f-3c71-4b46-88e7-338181934b85,
  abstract     = {This article investigates trade effects of the euro focusing on the impact on bystanders. We use data for Swedish firms and examine the impact on exporting firms’ intensive and extensive margins of trade. Our result shows an overall increase in Swedish firms’ exports to the euro area after the introduction of the single currency, indicating that the euro has decreased trade costs also for outsiders. In addition, we find important heterogeneity in the sample, suggesting that it is the large majority of small firms that has increased trade flows with the Eurozone the most.},
  author       = {Gullstrand, Joakim and Olofsdotter, Karin},
  issn         = {1466-4291},
  language     = {eng},
  number       = {9},
  pages        = {726--730},
  publisher    = {Routledge},
  series       = {Applied Economics Letters},
  title        = {Trade and the Euro: Effects on Bystanders},
  url          = {http://dx.doi.org/10.1080/13504851.2018.1489999},
  doi          = {10.1080/13504851.2018.1489999},
  volume       = {26},
  year         = {2019},
}