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: | 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.