Effective Rates of Protection in an Industrialising, Settler Economy: Estimates for Victoria (Australia) in 1880

Brian D. Varian

No 2, CEH Discussion Papers from Centre for Economic History, Research School of Economics, Australian National University

Abstract: This study estimates effective rates of protection for 33 manufacturing industries in Victoria in 1880. It emerges that several industries received negative effective rates of protection. Overall, the effective rates of protection suggest that the magnitude of protection in late-nineteenthcentury Victoria was considerably less than in the other industrialising, settler economies of Canada and the United States—to a more pronounced degree than suggested by nominal tariff levels. The very high correlation between nominal tariffs and effective rates of protection exhibited by colonial Victoria should enhance the confidence of economic historians using the former as a proxy for the latter.

Keywords: Australia; effective rate of protection; manufacturing; tariffs; Victoria (search for similar items in EconPapers)
JEL-codes: F14 N67 N77 (search for similar items in EconPapers)
Date: 2025-01
New Economics Papers: this item is included in nep-his and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:auu:hpaper:128

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