Number: RL30430 Title: EXPORT CONTROLS: ANALYSIS OF ECONOMIC COSTS Authors: Craig K. Elwell, Government and Finance Division Abstract: This report analyzes the economic costs to the U.S. economy of export controls on products restricted for national security or foreign policy purposes. The report describes a framework within which to judge the economy-wide impact on economic welfare of a given value of lost export sales. Both static and dynamic economic impacts are discussed. It is estimated that the economic costs of recent export control have been small. The report also discusses export control legislation now before the Congress and provides observations on its economic impact. Pages: 9 Date: Updated February 10, 2000