Exchange and Capital Controls as Barriers to Trade

Exchange and Capital Controls as Barriers to Trade
This paper considers the effect of exchange and capital controls on trade in the gravity-equation framework, in which bilateral exports depend on the distance between countries, the countries' size and wealth, tariff barriers, and exchange and capital controls. The extent of exchange and capital controls is measured by unique indices. In view of... READ MORE...

Publication date: June 1998
ISBN 9781451955194
$15.00

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