DP1700 Tariffs and Growth in the Late Nineteenth Century
|Author(s):||Kevin Hjortshøj O'Rourke|
|Publication Date:||October 1997|
|Keyword(s):||Growth, History, Tariffs|
|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.