Monetary Integration and Intensity of Mutual Trade of the Eurozone - Empirical Evidence

Petr Špinar

Diplomová práce

Anotace:

The present dissertation focuses on the impact of the adoption of common European currency on trade of the eurozone countries. There have been several studies published on the subject of the possible euro's pro-trade impact on economies of the first eurozone participants, most of those studies use sample periods prior to 2003. This thesis contributes to the literature by adding six more years of eurozone data to 2011, capturing two further enlargements of the European Union and four eurozone expansions. The results of the models estimate the effect of common currency on trade to be insignificant. On the other hand, membership in the European Union proved to have significant and important trade enhancing effect of 13 % - 25 %.

Abstract:

The present dissertation focuses on the impact of the adoption of common European currency on trade of the eurozone countries. There have been several studies published on the subject of the possible euro's pro-trade impact on economies of the first eurozone participants, most of those studies use sample periods prior to 2003. This thesis contributes to the literature by adding six more years of eurozone data to 2011, capturing two further enlargements of the European Union and four eurozone expansions. The results of the models estimate the effect of common currency on trade to be insignificant. On the other hand, membership in the European Union proved to have significant and important trade enhancing effect of 13 % - 25 %.

Klíčová slova

Vzájemný obchod Eurozóny, Monetární integrace, Evropská unie

Keywords

Mutual Trade of the Eurozone, European Union, Monetary Integration

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 15. 6. 2012

Obhajoba závěrečné práce

• Obhajoba proběhla 7. 1. 2013
• Vedoucí: Anna Klosová
• Oponent: Marcel Bluhm

Vysoká škola ekonomická v Praze

Magisterský studijní program:
Economics of Globalisation and European Integration