Exchange rate regimes and trade
A 'new version' of the gravity model is used to estimate the effect of a full range of de facto exchange rate regimes on bilateral trade. The results indicate that, while participation in a common currency union is typically strongly ‘pro-trade’, other exchange rate regimes which lower the...
Main Authors: | Adam, C, Cobham, D |
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Format: | Journal article |
Published: |
Wiley
2007
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