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How much trade liberalization was there in the world before and after Cobden-Chevalier?

Felipe Tâmega
Authors registered in the RePEc Author Service: Antonio Tena Junguito and Markus Lampe

IFCS - Working Papers in Economic History.WH from Universidad Carlos III de Madrid. Instituto Figuerola

Abstract: The Cobden-Chevalier Treaty of 1860 is regarded as central turning point in nineteenth-century trade policy, inaugurating a free trade era in Western Europe. We reexamine this story and put it into global perspective with a new database covering more than 7,500 data points for 11categories of manufactures in 41 countries and colonies around the world between 1846 and 1880. It reveals that bilateralism after 1860 reinforced a process already underway before. Nevertheless, we highlight is that trade liberalization was a global phenomenon over most of our period, so that the prominent British case appears as typical rather than exceptional.

Keywords: International; trade; World; commercial; policy; World; tariff; history; Protectionism; Liberalization; Cobden-Chevalier (search for similar items in EconPapers)
JEL-codes: F13 N70 O24 (search for similar items in EconPapers)
Date: 2012-02
New Economics Papers: this item is included in nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

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