DP1700 Tariffs and Growth in the Late Nineteenth Century

Author(s): Kevin Hjortshøj O'Rourke
Publication Date: October 1997
Keyword(s): Growth, History, Tariffs
JEL(s): F13, N70
Programme Areas: International Trade and Regional Economics, Human Resources
Link to this Page: www.cepr.org/active/publications/discussion_papers/dp.php?dpno=1700

The paper estimates the correlation between tariffs and economic growth in the late nineteenth century, in the context of three types of growth equation: unconditional convergence equations; conditional convergence equations; and factor accumulation models. It does so for a panel of ten countries between 1875 and 1914. Tariffs were positively correlated with growth in these countries during this period.