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010   $a1-283-51148-7
010   $a1-4519-1025-8
010   $a9786613823939
035   $a(CKB)3360000000443387
035   $a(EBL)1608457
035   $a(OCoLC)568151181
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100   $a20090807d2007      uy             0
101 0 $aeng
135   $aurcn|||||||||
200 10$aCollateral damage$b[electronic resource] $eexchange controls and international trade /$fprepared by Shang-Jin Wei and Zhiwei Zhang
210   $a[Washington, D.C.] $cInternational Monetary Fund$d2007
215   $a1 online resource (41 p.)
225 1 $aIMF working paper ;$vWP/07/8
300   $a"January 2007."
311   $a1-4518-6572-4 
320   $aIncludes bibliographical references (p. 14-15).
327   $aCover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Exchange Controls: Some Basic Patterns; 1. Evolutions of Restriction Indices; 1a. Summary Statistics for Restriction Indices; 1b. Correlations of the Control Indices, Tariff, and NTB Index; 2. Control Indices in Selected Countries; III. Statistical Analysis; 2. Benchmark Regressions; 3. Adding Time-varying Price Indices; 4. Developing Countries; 5. Additional Controls: Corruption and Trade Openness; 6. Finer Classification of Exchange Controls; 7. Emerging Market Economies during 1996-99; IV. Concluding Remarks
327   $a1. Exchange Controls: Source, Measurement, and Indices 2. List of Countries in the Sample; References; Footnotes
330   $aWhile new conventional wisdom warns that developing countries should be aware of the risks of premature capital account liberalization, the costs of not removing exchange controls have received much less attention. This paper investigates the negative effects of exchange controls on trade. To minimize evasion of controls, countries often intensify inspections at the border and increase documentation requirements. Thus, the cost of conducting trade rises. The paper finds that a one standard-deviation increase in the controls on trade payment has the same negative effect on trade as an increase
410  0$aIMF working paper ;$vWP/07/8.
606   $aForeign exchange$xLaw and legislation
606   $aInternational trade
606   $aBalance of payments
606   $aNon-tariff trade barriers
608   $aElectronic books.
615  0$aForeign exchange$xLaw and legislation.
615  0$aInternational trade.
615  0$aBalance of payments.
615  0$aNon-tariff trade barriers.
676   $a343.032
700   $aWei$b Shang-Jin$0118987
701   $aZhang$b Zhiwei$f1974-$0974661
712 02$aInternational Monetary Fund.$bResearch Dept.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910464573803321
996   $aCollateral damage$92219457
997   $aUNINA