English, Article, Journal or magazine article edition: Trade Prices and the Euro Julien Martin; Isabelle Mejean

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Trade Prices and the Euro
Author
  • Julien Martin
  • Isabelle Mejean
Physical Description
  • preprint
Notes
  • This paper describes the impact of the Euro on i) the level, ii) the evolution and iii) the dispersion of trade prices. This empirical analysis relies on firm level data about French exports over the period 1995-2005. We find that the elimination of exchange rate fluctuations reduces the pricing to market behavior of French exporters. At the beginning of the EMU, we also observe an increase in aggregate prices for sales in the Euro zone. This price increase does not compensate for the aggregate price gap between cheaper EMU markets and more expensive non-EMU countries. Last we find that the Euro has affected firms’ pricing strategies leading to a reduction of the price dispersion inside the Euro zone.
  • International trade prices; european monetary integration
  • RePEc:cii:cepidt:2008-29
Language
  • English
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