The Whig Fable of American Tobacco, 1895-1913

Leslie Hannah
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Leslie Hannah: Faculty of Economics, University of Tokyo

No CIRJE-F-352, CIRJE F-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: At the beginning of the twentieth century, US tobacco manufacturers were not forging ahead of their leading European counterparts in technology, productivity or managerial techniques. On some indicators, including per capita cigarette consumption, the USA strikingly lagged much of the rest of the world. Fiscal discrimination against cigarettes, amplified by the monopoly pricing, strategic choices, and organizational overload of the American Tobacco trust, are among the retarding factors.

Pages: 56 pages
Date: 2005-07
New Economics Papers: this item is included in nep-his
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