22
Appendix A
Dummy variable of separate restrictions on payments for capital transactions: if these restrictions are in place, the variable takes the value
of 1, and 0 otherwise.
|
CONTROL 1 |
AUS |
BEL |
DEN |
FIN |
FRA |
GER |
ITA |
NET |
SPA |
SWE |
UK |
TOTAL |
|
1973__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
____1 |
____1 |
______1 |
_____1 |
_____9 |
|
1974_________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
____1 |
____1 |
______1 |
_____1 |
_____9 |
|
1975__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
____1 |
____1 |
______1 |
_____1 |
_____9 |
|
1976__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
____1 |
____1 |
______1 |
_____1 |
_____9 |
|
1977_________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
____1 |
____1 |
______1 |
_____1 |
_____9 |
|
1978__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
____1 |
____1 |
______1 |
_____1 |
_____8 |
|
1979__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
_______0_ |
____1 |
______1 |
_____1 |
_____8 |
|
1980__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
_______0_ |
____1 |
______1 |
_________0_ |
_____7 |
|
1981__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
___0 |
____1 |
______1 |
_____0 |
_____7 |
|
1982__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
___0 |
____1 |
______1 |
_____0 |
_____7 |
|
1983__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_______0 |
____1 |
_______0_ |
____1 |
______1 |
_________0_ |
_____7 |
|
1984_________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_______0 |
_______0_ |
_______0_ |
____1 |
______1 |
_________0_ |
_____6 |
|
1985__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
___0 |
___0 |
____1 |
______1 |
_____0 |
_____6 |
|
1986__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
___0 |
___0 |
____1 |
______1 |
_____0 |
_____6 |
|
1987_________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
_______0_ |
____1 |
______1 |
_________0_ |
_____7 |
|
1988__________ |
_____1 |
________0 |
____1 |
_____1 |
_____1 |
_____0 |
____1 |
_______0_ |
____1 |
______1 |
_________0_ |
_____7 |
|
1989__________ |
_____1 |
________0 |
____0 |
_____1 |
_____1 |
_____0 |
____1 |
___0 |
____1 |
______1 |
_____0 |
_____6 |
|
1990__________ |
_____1 |
________0 |
____0 |
_____1 |
_____1 |
_____0 |
____1 |
___0 |
____1 |
______1 |
_____0 |
_____6 |
|
1991__________ |
_____1 |
________0 |
_______0_ |
_____1 |
_____1 |
_____0 |
____1 |
_______0_ |
____1 |
______1 |
_________0_ |
_____6 |
|
1992__________ |
______0 |
________0 |
_______0_ |
_________0_ |
_____1 |
_____0 |
____1 |
_______0_ |
____1 |
______1 |
_________0_ |
_____4 |
|
1993__________ |
_______0 |
________0 |
____0 |
_____1 |
_____1 |
_____0 |
____1 |
___0 |
____1 |
______1 |
_____0 |
_____5 |
|
TOTAL |
19 |
0 |
16 |
20 |
21 |
0 |
18 |
6 |
21 |
21 |
7 |
Source: International Monetary Fund, Exchange Restrictions, 1973-1978 and International Monetary Fund, Exchange Arrangements and Exchange
Restrictions, Annual Reports, 1979-1993.
Dummy variable of separate exchange rate(s) for some or all capital transactions and/or some or all invisibles: if these restrictions are
in place, the variable takes the value of 1, and 0 otherwise.
|
CONTROL 2 |
AUS |
BEL |
DEN |
FIN |
FRA |
GER |
ITA |
NET |
SPA |
SWE |
UK |
TOTAL |
|
1973_________ |
________0_ |
______1 |
__________0_ |
_____0 |
______1 |
__________0_ |
____1 |
_____1 |
______0_ |
________0_ |
_____1 |
_____5 |
|
1974________ |
____0 |
______1 |
_____0 |
_____0 |
______1 |
_____0 |
____1 |
_____1 |
___0 |
____0 |
_____1 |
_____5 |
|
1975_________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
____1 |
____0 |
___0 |
____0 |
_____1 |
_____3 |
|
1976________ |
________0_ |
______1 |
__________0_ |
_____0 |
_____0 |
__________0_ |
____1 |
________0_ |
______0_ |
________0_ |
_____1 |
_____3 |
|
1977________ |
________0_ |
______1 |
__________0_ |
_____0 |
_____0 |
__________0_ |
____1 |
________0_ |
______0_ |
________0_ |
_____1 |
_____3 |
|
1978________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
____1 |
____0 |
___0 |
____0 |
_____1 |
_____3 |
|
1979________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
____1 |
____0 |
___0 |
____0 |
____0 |
_____2 |
|
1980________ |
________0_ |
______1 |
__________0_ |
_____0 |
_____0 |
__________0_ |
____1 |
________0_ |
______0_ |
________0_ |
____0 |
_____2 |
|
1981_________ |
________0_ |
______1 |
__________0_ |
_____0 |
_____0 |
__________0_ |
____1 |
________0_ |
______0_ |
________0_ |
____0 |
_____2 |
|
1982________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
____1 |
____0 |
___0 |
____0 |
____0 |
_____2 |
|
1983_________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
___0 |
____0 |
___0 |
____0 |
____0 |
_____2 |
|
1984________ |
________0_ |
______1 |
__________0_ |
_____0 |
_____0 |
__________0_ |
___0 |
________0_ |
______0_ |
________0_ |
____0 |
_____2 |
|
1985_________ |
________0_ |
______1 |
__________0_ |
_____0 |
_____0 |
__________0_ |
___0 |
________0_ |
______0_ |
________0_ |
____0 |
_____2 |
|
1986________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
___0 |
____0 |
___0 |
____0 |
____0 |
_____2 |
|
1987________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
___0 |
____0 |
___0 |
____0 |
____0 |
_____2 |
|
1988________ |
________0_ |
______1 |
__________0_ |
________0 |
_____0 |
__________0_ |
_____0 |
________0_ |
______0_ |
________0_ |
____0 |
_____2 |
|
1989________ |
________0_ |
______1 |
__________0_ |
________0 |
_____0 |
__________0_ |
_____0 |
________0_ |
______0_ |
________0_ |
____0 |
_____2 |
|
1990________ |
____0 |
______1 |
_____0 |
_____0 |
_____0 |
_____0 |
___0 |
____0 |
___0 |
____0 |
____0 |
_____2 |
|
1991_________ |
____0 |
_____0 |
_____0 |
_____0 |
_____0 |
_____0 |
___0 |
____0 |
___0 |
____0 |
____0 |
__________0_ |
|
1992________ |
________0_ |
_____0 |
__________0_ |
_____0 |
_____0 |
__________0_ |
___0 |
________0_ |
______0_ |
________0_ |
____0 |
_____0 |
|
1993_________ |
________0_ |
_____0 |
__________0_ |
_____0 |
_____0 |
__________0_ |
___0 |
________0_ |
______0_ |
____0 |
____0 |
_____0 |
|
TOTAL |
0 |
18 |
0 |
0 |
2 |
0 |
10 |
2 |
0 |
0 |
6 |
Source: International Monetary Fund, Exchange Restrictions, 1973-1978 and International Monetary Fund, Exchange Arrangements and Exchange
Restrictions, Annual Reports, 1979-1993.