01635cas a2200241 a 4500 AALejournalIMF003150 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857269 1018-5941 BD-DhAAL BD-DhAAL Faruqee, Hamid. Measuring the Trade Effects of EMU / Hamid Faruqee. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro's arrival on area-wide trade compared to bilateral trade flows between other industrial countries. Controlling for other influences according to the "gravity" model of trade, the panel analysis employs cointegration techniques to obtain reliable point estimates of EMU trade effects. Cross-country differences with respect to EMU trade gains and underlying factors accounting for these differences are also further explored. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/154 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/154/001.2004.issue-154-en.xml IMF e-Library