The Structure of Protection and Growth in the Late 19th Century
Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Research on Collective Goods; University of Dublin - Institute for International Integration Studies (IIIS)
Kevin H. O'Rourke
University of Dublin, Trinity College; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)
CEPR Discussion Paper No. DP7053
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.
Number of Pages in PDF File: 48
Keywords: growth, history, tariffs
JEL Classification: F13, F43, N10, N70, O49working papers series
Date posted: December 18, 2008
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