Has the European Monetary System led to more exports? Evidence from four European Union countries

Citation
S. Fountas et K. Aristotelous, Has the European Monetary System led to more exports? Evidence from four European Union countries, ECON LETT, 62(3), 1999, pp. 357-363
Citations number
26
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
62
Issue
3
Year of publication
1999
Pages
357 - 363
Database
ISI
SICI code
0165-1765(199903)62:3<357:HTEMSL>2.0.ZU;2-J
Abstract
We attempt to investigate whether the Exchange Rate Mechanism (ERM) period has coincided with an increase in intra-EU exports. We conclude that this h as not been the case but it is likely that the elimination of nominal excha nge rate variability arising from a single currency will boost intra-Europe an Union trade. (C) 1999 Elsevier Science S.A. Ah rights reserved.