02247cas a2200349 a 4500 AALejournalIMF022296 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616359645 1018-5941 BD-DhAAL BD-DhAAL Estefania-Flores, Julia. A Measurement of Aggregate Trade Restrictions and their Economic Effects / Julia Estefania-Flores, Davide Furceri, Swarnali Hannan, Jonathan Ostry. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (65 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We develop a new Measure of Aggregate Trade Restrictions (MATR) using data from the IMF's Annual Report on Exchange Arrangements and Exchange Restrictions. MATR is an empirical measure of how restrictive official government policy is towards the international flow of goods and services. MATR is simple, ad hoc, plausible, quantitative, easily updated, based solely on policy-relevant measures of trade policy, and covers an unbalanced sample of up to 157 countries annually between 1949 and 2019. MATR is strongly correlated with, but more comprehensive than, existing measures of openness and trade policy existing measures. We use MATR to show that trade restrictions are harmful for the economy and lead to significant contractions in output. Mode of access: Internet Economic Integration imf Empricial, Data, Protection, Tariffs and Non-Tariff Barriers imf International Trade Organizations imf MATR Data Construction imf Trade Policy imf Mexico imf Furceri, Davide. Hannan, Swarnali. Ostry, Jonathan. IMF Working Papers; Working Paper ; No. 2022/001 Full text available on IMF http://elibrary.imf.org/view/journals/001/2022/001/001.2022.issue-001-en.xml IMF e-Library