Much Ado About Nothing? Italian Trade Policy in the late 19th Century
Giovanni Federico () and
Kevin O'Rourke ()
Working Papers from College Dublin, Department of Political Economy-
A simple look at nominal or effective tariff rates is not sufficient to analyse the trade policy. One has to consider the overall effects of protection, and by definition this requires a general equilibrium approach. The present paper aims to fill this gap in the literature. It makes use of a computable general equilibrium (CGE) model of the Italian economy in 1911 -the first year for which the available data are abundant and reliable enough for such an exercise.
Keywords: ITALY; TRADE; INTERNATIONAL ECONOMY (search for similar items in EconPapers)
JEL-codes: F13 O52 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:dublec:99/18
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