The Antebellum Tariff On Cotton Textiles Revisited
AbstractRecent research has suggested that the U.S. cotton-textile industry would have been wiped out had it not received tariff protection throughout the antebellum period. We reaffirm Taussig s earlier judgment that the U.S. cotton-textile industry was largely independent of the tariff by the early 1830s. American and British producers specialized in quite different types of textile products that were imperfect substitutes for one another. Using data from 1826 to 1860, we estimate the responsiveness of domestic production to fluctuations in import prices and conclude that the industry could easily have survived even if the tariff had been completely eliminated.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 61 (2001)
Issue (Month): 03 (September)
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Other versions of this item:
- Douglas A. Irwin & Peter Temin, 2000. "The Antebellum Tariff on Cotton Textiles Revisited," NBER Working Papers 7825, National Bureau of Economic Research, Inc.
- N71 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - U.S.; Canada: Pre-1913
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- repec:ebl:ecbull:v:6:y:2008:i:30:p:1-12 is not listed on IDEAS
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