Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/102584
Authors: 
Year of Publication: 
2014
Series/Report no.: 
IES Working Paper No. 04/2014
Publisher: 
Charles University in Prague, Institute of Economic Studies (IES), Prague
Abstract: 
The present paper is focused on the impact of introducing the common European currency on export performance. There has been a lot written about the possible effects of euro adoption on economies of the first eurozone participants. The contribution of this research is that we explore the impact of euro introduction on Slovakia, in comparison to the Czech Republic which still uses its own national currency. Our findings suggest that the export performance and other export-related indicators evolved largely in parallel in both countries. Positive trade effects brought about by the introduction of the euro are rather moderate - up to 5%. The results to some extent do confirm the existence of the so called 'Rose effect' - the effect that two countries sharing the same currency trade more than they would otherwise.
Subjects: 
competitiveness
euro adoption
export
Czech Republic
Slovakia
JEL: 
F14
F15
Document Type: 
Working Paper

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