Export Market Integration in the European Union

FEDEA Working Paper No. 2002-07

22 Pages Posted: 6 May 2002  

Salvador Gil-Pareja

University of Valencia - Department of Economics

Simon Sosvilla-Rivero

Complutense Institute for International Studies

Multiple version iconThere are 2 versions of this paper

Date Written: March 2002

Abstract

This paper examines the degree of export-price dispersion among European Union countries and its evolution in the recent past (1988-1999). The paper also analyses the likely impact of the European Monetary Union on export-price convergence by looking at the past experience of European countries that participated in the exchange rate stability zone. The results indicate that export-price dispersion across European Union countries was usually lower than across OECD countries. Moreover, although there is little evidence of convergence, it is stronger across European Union countries. Finally, the results cast doubts on the hypothesis that the monetary union by itself will increase price convergence.

Keywords: Export market integration, European Union, Single currency

JEL Classification: F15, F30, O52

Suggested Citation

Gil-Pareja, Salvador and Sosvilla-Rivero, Simon, Export Market Integration in the European Union (March 2002). FEDEA Working Paper No. 2002-07. Available at SSRN: https://ssrn.com/abstract=308679 or http://dx.doi.org/10.2139/ssrn.308679

Salvador Gil-Pareja

University of Valencia - Department of Economics ( email )

Av. dels Tarongers s/n
46071 Valencia
Spain
+34 96 382 83 49 (Phone)

Simon Sosvilla-Rivero (Contact Author)

Complutense Institute for International Studies ( email )

Carretera de Humera s/n
Madrid, Madrid 28223
Spain
+34913932626 (Phone)

HOME PAGE: http://www.ucm.es/info/ecocuan/ssr/

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