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2016 | nr 6 (241) | 7--21
Tytuł artykułu

Has the Euro Led to the Trade Creation Effect?

Warianty tytułu
Czy euro wywołało efekt kreacji handlu?
Języki publikacji
The aim of this article is to evaluate the changes in exports of goods between the euro area countries and non-euro member states between 1995 and 2014 with a particular attention to the potential impact of the single currency on these processes. The analysis was based on the literature review supported by using the export intensity index. The research suggests a possible appearance of small export intensification among the euro area members in the first years of the monetary union functioning (1998-2000). Then export intensity decreased and re-emerged during the financial crisis (2008-2014). When considering export intensity between different groups of countries, important changes seem to have taken place between the euro area countries and the new EU member states joining the European community in 2004. The euro area exports directed to the new EU countries accelerated mainly in the second half of the 1990s and during the financial turbulence after 2008.(original abstract)
Celem artykułu jest ocena intensywności eksportu między krajami strefy euro i państwami spoza strefy euro w latach 1995-2014, ze szczególnym uwzględnieniem potencjalnego wpływu wspólnej europejskiej waluty na te procesy. Analiza została przeprowadzona na podstawie przeglądu literatury i uzupełniona oceną przemian wskaźnika intensywności eksportu. Badania wskazują na pojawienie się niewielkiego efektu euro wśród państw członkowskich w pierwszych latach funkcjonowania wspólnej waluty (1998-2000). W latach 2001-2007 wpływ ten zanikł, a natężenie eksportu między krajami strefy euro zwiększyło się ponownie w okresie kryzysu finansowego (2008-2014). Biorąc pod uwagę intensywność eksportu między różnymi grupami krajów, wydaje się, że znaczące zmiany miały miejsce między krajami strefy euro a nowymi państwami członkowskimi, które przystąpiły do UE w 2004 r. Intensywność eksportu między strefą euro a nowymi krajami członkowskimi zwiększała się w drugiej połowie lat 90. i w okresie kryzysu finansowego.(abstrakt oryginalny)
Słowa kluczowe
Opis fizyczny
  • Instytut Badań Rynku, Konsumpcji i Koniunktur
  • Uniwersytet Warszawski
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