The Structure of Protection and Growth in the Late 19th Century
Sibylle Lehmann-Hasemeyer () and
Kevin O'Rourke ()
No 7053, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Many papers have explored the relationship between average tariff rates and economic growth, when theory suggests that the structure of protection is what should matter. We therefore explore the relationship between economic growth and agricultural tariffs, industrial tariffs, and revenue tariffs, for a sample of relatively well-developed countries between 1875 and 1913. Industrial tariffs were positively correlated with growth. Agricultural tariffs were negatively correlated with growth, although the relationship was often statistically insignificant at conventional levels. There was no relationship between revenue tariffs and growth.
Keywords: growth; history; tariffs (search for similar items in EconPapers)
JEL-codes: F13 F43 N10 N70 O49 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-his, nep-hpe and nep-int
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Working Paper: The structure of protection and growth in the late 19th century (2008)
Working Paper: The Structure of Protection and Growth in the Late 19th Century (2008)
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