CEU Electronic Theses and Dissertations, 2016
| Author | Saieed, Md Abu |
|---|---|
| Title | Effect of Euro Adoption on the Producer Welfare and Foreign Trade of Slovakia |
| Summary | This study examines the micro and macro level effect of euro adoption in the economy of Slovakia. I investigate producer level effect of euro adoption in Slovakia using wage dynamics survey data through order probit model. I have found euro effect is positive for the foreign and large firm and export-oriented firms are more benefited from euro adoption. In the second part of the study, I examine the effect of the euro on foreign trade using standard gravity equation with fixed effect model. The study builds a panel data set comprising bilateral trade data of 20 major partnering countries of Slovakia for the period of 2003 to 2014. The estimated coefficient of euro dummy found as positive and statistically significant at 10 percent level. Thus, participation in the euro zone is associated with the expansion of foreign trade of Slovakia. |
| Supervisor | Professor Julius Horváth |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2016/saieed_abu-saieed.pdf |
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