Joakim Gullstrand
Dean, Professor
Trade and the Euro: Effects on Bystanders
Author
Summary, in English
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.
Department/s
- Department of Economics
Publishing year
2019
Language
English
Pages
726-730
Publication/Series
Applied Economics Letters
Volume
26
Issue
9
Document type
Journal article
Publisher
Routledge
Topic
- Economics
Status
Published
ISBN/ISSN/Other
- ISSN: 1466-4291