Bairoch revisited: tariff structure and growth in the late 19th century
Antonio Tena-Junguito ()
Economic History Working Papers from London School of Economics and Political Science, Department of Economic History
This paper revisits Bairoch’s hypothesis that in the late 19th century tariffs were positively associated with growth, as recently confirmed by a new generation of quantitative studies (see O`Rourke (2000), Jacks (2006) and Clemens-Williamson (2002, 2004)). This paper highlights the importance of the structure of protection in the relation between trade policy and its potential growth-promoting impact. Evidence is based on a new database on industrial tariffs for the 1870`s. The results show that income, factor endowment, and policy independence are important to explain regional asymmetries between tariffs and growth. At global level, increased protection, measured by total and average tariffs on manufactures, implied more un-skilled inefficient protection and less growth, and this is especially true for the poor countries in the late 19th century. Protection was only positive for a “rich club” if we include in this group New Settler countries which grew rapidly in the late 19th century and imposed high tariffs mainly for fiscal reasons.
JEL-codes: N0 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://eprints.lse.ac.uk/27869/ Open access version. (application/pdf)
Working Paper: Bairoch revisited: tariff structure and growth in the late 19th century (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ehl:wpaper:27869
Access Statistics for this paper
More papers in Economic History Working Papers from London School of Economics and Political Science, Department of Economic History LSE, Dept. of Economic History Houghton Street London, WC2A 2AE, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager on behalf of EH Dept. ().