Dollarization does promote trade

被引：9

作者：

Lin, Shu ^{[1
]}

Ye, Haichun ^{[1
]}

机构：

[1] Univ Colorado, Dept Econ, Denver, CO 80217 USA

来源：

JOURNAL OF INTERNATIONAL MONEY AND FINANCE | 2010年 / 29卷 / 06期

关键词：

Dollarization; Bilateral trade; Treatment effect; Propensity score matching; ECONOMETRIC EVALUATION ESTIMATOR; CURRENCY UNION; COMMON CURRENCIES; PROPENSITY SCORE; MONEY;

D O I：

10.1016/j.jimonfin.2010.03.011

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study re-evaluates the treatment effect of dollarization on trade while explicitly controlling for self-selection of policy adoption. Employing a variety of propensity score matching methods, we show that dollarization not only increases bilateral US trade with dollarized countries, but promotes a dollarizer's bilateral trade with other dollar-zone countries as well. (c) 2010 Elsevier Ltd. All rights reserved.

引用

页码：1124 / 1130

页数：7

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