Infant Industry Protection and the Growth of Canada's Cotton Mills: A Test of the Chang Hypothesis
Michael N.A. Hinton
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Michael N.A. Hinton: The Rimini Centre for Economic Analysis (RCEA), Italy
Working Paper series from Rimini Centre for Economic Analysis
Abstract:
I argue that the 19th century Canadian cotton textile industry was an extremely successful infant industry. Judging the industry's performance by seven widely-employed measures of success – growth in output, contemporary opinion, size, the use of the most modern machinery, exports, and relative total factor productivity – it is shown that the growth of Canada's cotton mills provides strong support for Chang's provocative hypothesis that infant industry protection was the way the rich countries of today grew rich in the nineteenth century.
Keywords: Infant Industry Protection; Total Factor Productivity; Cotton Textiles (search for similar items in EconPapers)
JEL-codes: D24 L67 N60 N61 O14 (search for similar items in EconPapers)
Date: 2012-07
New Economics Papers: this item is included in nep-bec and nep-his
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:rim:rimwps:55_12
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