Paper of the Month: What is the EMU Effect on the UK’s Exports to Eurozone Countries?
June 1, 2012 Leave a comment
Our first paper of the month focuses on the UK’s export trade with the Eurozone:
What is the EMU Effect on the UK’s Exports to Eurozone Countries? (p.17)
by K Aristotelous
Abstract: This paper investigates the EMU effect on the UK’s exports to eurozone countries, using pooled data from 1981-2006 between the UK and all EU members at the time when the euro was launched. The results show that EMU led to a decrease in the UK’s exports to the countries that adopted the euro as their national currency. That decrease is statistically different from zero.
Economic Issues, Volume 15, Part 1
Full text pdf available at: http://www.economicissues.org.uk/Files/110Aristotelous.pdf.