Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/83413
Authors: 
Havránek, Tomáš
Year of Publication: 
2009
Series/Report no.: 
IES Working Paper 20/2009
Abstract: 
This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area. Using meta-regression methods such as funnel asymmetry test, evidence for strong publication bias is found. The estimated underlying effect for non-Euro studies reaches about 50%. However, the Euro's trade promoting effect corrected for publication bias is insignificant. The Rose effect literature shows signs of the economics research cycle: reported t-statistic is a quadratic function of publication year. Explanatory meta-regression (robust fixed effects and random effects) suggests that some authors produce predictable results. Interestingly, proxies for authors' IT skills were also found significant.
Subjects: 
Rose effect
Trade
Currency union
Euro
Meta-analysis
Publication bias
JEL: 
C42
F15
F33
Document Type: 
Working Paper
Appears in Collections:

Files in This Item:
File
Size
682.85 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.