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Discussion Paper Details

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Title: The Structure of Protection and Growth in the Late 19th Century

Author(s): Sibylle H. Lehmann and Kevin Hjortsh�j O'Rourke

Publication Date: November 2008

Keyword(s): growth, history and tariffs

Programme Area(s): International Macroeconomics and International Trade and Regional Economics

Abstract: 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.

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Bibliographic Reference

Lehmann, S and O'Rourke, K. 2008. 'The Structure of Protection and Growth in the Late 19th Century'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7053