Something Rational in the State of Denmark? The Case of an Outsider in the Cobden-Chevalier Network 1860-1875

Markus Lampe and Paul Sharp

No 09-20, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: We examine the case of an important outsider to the Cobden-Chevalier network of bilateral treaties in the second half of the nineteenth century. We attempt to explain this through a study of the structure of Danish trade and protection. We demonstrate, in contrast to previous accounts that have considered Danish trade policy somewhat irrational, that Denmark was right to remain outside. She had little to gain from concluding treaties, since her main trading partners offered free trade for her exports, agricultural goods, and she needed her own tariffs for revenue purposes.

Keywords: bilateral treaties; Cobden-Chevalier network; Denmark (search for similar items in EconPapers)
JEL-codes: N7 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2009-09
New Economics Papers: this item is included in nep-his
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:0920

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