Alho, Kari E. O. (contributor) - 2004 - [Elektronische Ressource]
.
4
EMU is a subset of the EU, which has to be taken into in the interpretation of the coefficients of the respec-
tive … are
the estimated coefficients, see the definition in (13) above, β
EMU,EU,
β
EMU,EMU
and β
EU,EMU.
The total initial … impact on UK exports of joining EMU is then β
EMU,EMU
− β
EU,EMU
and that
for EMU area exports to the UK being β
EMU,EMU …