The impact of the exchange rate regime on exports: evidence from the European Monetary System.

dc.contributor.author	Fountas, Stilianos	en
dc.date.accessioned	2011-03-07T15:11:03Z	en
dc.date.available	2011-03-07T15:11:03Z	en
dc.date.issued	1999	en
dc.identifier.citation	Fountas, S., & Aristotelous, K. (1999). The impact of the exchange rate regime on exports: evidence from the European Monetary System. (Economics Working Paper no. 38): Department of Economics, National University of Ireland, Galway.	en
dc.identifier.uri	http://hdl.handle.net/10379/1687	en
dc.description.abstract	We employ the econometric techniques of multivariate cointegration and errorcorrection models to investigate the impact of the creation of the European Monetary System (EMS) on the volume of intra-European Union (EU) exports for eight EU countries. We find that for France, Germany and Ireland, the EMS boosted the volume of intra-EU exports. In the rest of the countries, there has not been a significant effect. Another important result is that exchange rate volatility had no statistically significant long-run or short-run effect on the volume of intra-EU exports in the majority of the countries in our study.	en
dc.format	application/pdf	en
dc.language.iso	en	en
dc.publisher	National University of Ireland, Galway	en
dc.subject	Economics	en
dc.subject	Exchange rate volatility	en
dc.subject	Exports	en
dc.subject	European Monetary System	en
dc.title	The impact of the exchange rate regime on exports: evidence from the European Monetary System.	en
dc.type	Working Paper	en
dc.description.peer-reviewed	peer-reviewed	en