The Trade Effects of Official Dollarization Over Time: A Meta-Regression Analysis
The Trade Effects of Official Dollarization Over Time: A Meta-Regression Analysis
| Autoři: | Fisnik Bajrami Ermal Lubishtani |
|---|---|
| Publikováno v: | IES Working Papers 24/2026 |
| Klíčová slova: | Official dollarization, trade, monetary integration, meta-regression analysis, publication bias |
| JEL kódy: | F14, F33, E42, F15, C83 |
| Citace: | Bajrami F., Lubishtani E. (2026): " The Trade Effects of Official Dollarization Over Time: A Meta-Regression Analysis" IES Working Papers 24/2026. IES FSV. Charles University. |
| Abstrakt: | One of the main expected benefits of official dollarization is its potential to promote trade by reducing exchange rate risk and transaction costs. This paper assesses the dollarization–trade relationship through a meta-regression analysis of 270 estimates from 14 empirical studies. The publication-bias diagnostics do not provide strong evidence that the reported effects are driven by selective reporting or small-study effects, while the average reported association remains positive. The results also show that the reported trade effect of dollarization is time-dependent. Reported effects are largest during the first 10 years after dollarization and decline as the post-dollarization horizon lengthens. This declining pattern remains evident across alternative specifications and robustness checks, although statistical precision weakens for the longest time horizon. |
| Ke stažení: | wp_2026_24_bajrami, lubishtani |
