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2014 | nr 41 | 8--22
Tytuł artykułu

Does the Common Currency Increase Exports? Evidence from Firm-Level Data

Warianty tytułu
Języki publikacji
The main goal of this paper is to investigate empirically whether the adoption of the common currency increases the export activity of individual firms using the probit model. There are many studies that seek to estimate the aggregate trade effects of the adoption of the euro by the "old" EU countries, which are based on the gravity model. In contrast to the existing literature we use an alternative micro-econometric approach based on firm -level data compiled by the EBRD and the World Bank. We demonstrate that the propensity to export of individual firms from Slovenia and Slovakia increased after the accession of those countries to the Eurozone. (original abstract)
Opis fizyczny
  • University of Warsaw, Poland
  • University of Warsaw, Poland
  • European Central Bank
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