| Revista: | Journal of applied economics |
| Base de datos: | CLASE |
| Número de sistema: | 000430449 |
| ISSN: | 1667-6726 |
| Autors: | Conti, Maurizio1 |
| Institucions: | 1Universita degli Studi di Genova, Dipartimento di Economia, Génova, Liguria. Italia |
| Any: | 2014 |
| Període: | Nov |
| Volum: | 17 |
| Número: | 2 |
| Paginació: | 199-211 |
| País: | Argentina |
| Idioma: | Inglés |
| Tipo de documento: | Artículo |
| Enfoque: | Aplicado |
| Resumen en inglés | We use a difference in difference estimation framework to analyse the effects of the adoption of the euro on the level of per capita GDP for a sample of seventeen European countries (the EU15 plus Norway and Iceland) over the period 1990–2010. We find that the adoption of the euro may have raised the level of per capita GDP (and labour productivity) by about 4 percent. There is also some evidence that the impact of the euro has been smaller in the case of countries with a high debt-to-GDP ratio in 1999 when the euro was introduced. Results are robust to controlling for country fixed effects, time trends and to estimation strategies that control for cross-country parameter heterogeneity |
| Disciplines | Economía |
| Paraules clau: | Economía monetaria, Desarrollo económico, Sistemas económicos, Euro, Moneda, Crecimiento económico, Producto interno bruto (PIB), Datos de panel, Europa |
| Text complet: | Texto completo (Ver PDF) |
