1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario registrado en Universia


Opción 1: Descargar recurso

Opción 2: Descargar recurso

Detalles del recurso

Descripción

This paper reconsiders the trade effects of the euro, providing a decomposition into its effects on the extensive margin and intensive margin. Furthermore, it relates the more disaggregated estimates for 93 two-digit HS product groups to the elasticity of substitution, thereby testing a key hypothesis of recent trade theory. The estimates for the period 1996-2011 suggest a trade effect of the euro of some 28 percent, which has mainly materialized through the intensive margin. For several product groups, we find a negative net effect of the euro on the extensive margin, supporting anecdotal evidence that firms have consolidated their product varieties in response to the elimination of exchange rate variability. Finally, the disaggregated estimates are in line with recent trade theory, suggesting that a large elasticity of substitution dampens the effect of a trade cost reduction on the extensive margin and amplifies its effect on the intensive margin.

Pertenece a

ePub-WU OAI Archive (Vienna Univ. of Econ. and B.A.)  

Autor(es)

Badinger, Harald -  Türkcan, Kemal - 

Id.: 69724224

Idioma: inglés  - 

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Palabras claveJEL F12, F14, F15 - 

Tipo de recurso: Article  -  PeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://dx.doi.org/10.1111/roie.12094
[References] http://onlinelibrary.wiley.com/
[References] http://epub.wu.ac.at/5472/

Fecha de contribución: 16-mar-2017

Contacto:

Localización:

Otros recursos del mismo autor(es)

  1. European Integration and the Future Institutions of Europe This article summarizes a talk, given at the conference From Bretton Woods to Berlaymont: Globalisat...
  2. Trade Balance Dynamics and Exchange Rates: In Search of the J-Curve Using a Structural Gravity Approach This paper uses a structural gravity approach, specifying currency movements as trade cost component...
  3. Productivity spillovers across countries and industries: new evidence from OECD countries This paper uses a translog approach to estimate intra- and inter-industry productivity spillovers tr...
  4. Economic growth, volatility, and cross-country spillovers: new evidence for the G7 countries This study examines the linkages between output growth and output volatility in the G7 countries ove...
  5. Fiscal rules and twin deficits: the link between fiscal and external balances. This paper investigates the relationship between countries' fiscal balances and current accounts wit...

Otros recursos de la mismacolección

  1. Diversification and Systemic Risk: A Financial Network Perspective In this paper, we study the implications of diversification in the asset portfolios of banks for fin...
  2. Fundamental freedoms and VAT: an analysis based on the Credit Lyonnais case In the Credit Lyonnais case, the CJEU concluded that the proportion of input VAT deduction on mixed-...
  3. Investigating patterns of local climate governance: How low-carbon municipalities and intentional communities intervene in social practices The local level has gained prominence in climate policy and governance in recent years as it is incr...
  4. Double Blind Peer-Review in Games
  5. Long-Term Socio-Ecological Research in Practice: Lessons from Inter- and Transdisciplinary Research in the Austrian Eisenwurzen Long-Term Socio-Ecological Research (LTSER) is an inter- and transdisciplinary research field addres...

Aviso de cookies: Usamos cookies propias y de terceros para mejorar nuestros servicios, para análisis estadístico y para mostrarle publicidad. Si continua navegando consideramos que acepta su uso en los términos establecidos en la Política de cookies.