Export market integration in the European Union

This paper examines the degree and recent evolution (1988-2001) of export-price dispersion among European Union countries. It also explores the effect of exchange rates on export-price dispersion by reviewing the experience of some 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, this is stronger across European Union countries. Finally, even though price dispersion was often lower across European Union countries where exchange rates have been relatively stable than across countries with relatively volatile exchange rates, exchange-rate stability has not significantly contributed to export-price convergence across participating countries over the sample period.

Issue Date:
Publication Type:
Journal Article
DOI and Other Identifiers:
Print ISSN 1514-0326 Online ISSN 1667-6726 (Other)
PURL Identifier:
Published in:
Journal of Applied Economics, Volume 07, Number 2
Page range:
Total Pages:
JEL Codes:
F15; F30

 Record created 2017-04-01, last modified 2018-01-22

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