Advanced Search
MyIDEAS: Login

How Much Trade Liberalization Was There in the World Before and After Cobden-Chevalier?

Contents:

Author Info

  • TENA-JUNGUITO, ANTONIO
  • LAMPE, MARKUS
  • FERNANDES, FELIPE TÂMEGA

Abstract

The Cobden-Chevalier Treaty of 1860 is regarded as central turning point in nineteenth-century trade policy, inaugurating a free trade era in Western Europe. We reexamine this story and put it into global perspective with a new database covering more than 7,500 data points for 11categories of manufactures in 41 countries and colonies around the world between 1846 and 1880. It reveals that bilateralism after 1860 reinforced a process already underway before. Nevertheless, we highlight is that trade liberalization was a global phenomenon over most of our period, so that the prominent British case appears as typical rather than exceptional.

(This abstract was borrowed from another version of this item.)

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://journals.cambridge.org/abstract_S0022050712000344
File Function: link to article abstract page
Download Restriction: no

Bibliographic Info

Article provided by Cambridge University Press in its journal The Journal of Economic History.

Volume (Year): 72 (2012)
Issue (Month): 03 (September)
Pages: 708-740

as in new window
Handle: RePEc:cup:jechis:v:72:y:2012:i:03:p:708-740_00

Contact details of provider:
Postal: The Edinburgh Building, Shaftesbury Road, Cambridge CB2 2RU UK
Fax: +44 (0)1223 325150
Web page: http://journals.cambridge.org/jid_JEHProvider-Email:journals@cambridge.org

Related research

Keywords:

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
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.:
as in new window
  1. Douglas A. Irwin & Peter Temin, 2000. "The Antebellum Tariff on Cotton Textiles Revisited," NBER Working Papers 7825, National Bureau of Economic Research, Inc.
  2. Nye, John Vincent, 1991. "The Myth of Free-Trade Britain and Fortress France: Tariffs and Trade in the Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 51(01), pages 23-46, March.
  3. Markus Lampe, 2009. "Effects of Bilateralism and the MFN Clause on International Trade – Evidence for the Cobden-Chevalier Network, (1860-1875)," CQE Working Papers 0209, Center for Quantitative Economics (CQE), University of Muenster.
  4. Cheryl Schonhardt-Bailey, 2006. "From the Corn Laws to Free Trade: Interests, Ideas, and Institutions in Historical Perspective," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262195437.
  5. Kee, Hiau Looi & Nicita, Alessandro & Olarreaga, Marcelo, 2006. "Estimating Trade Restrictiveness Indices," CEPR Discussion Papers 5576, C.E.P.R. Discussion Papers.
  6. Giovanni Federico, 2012. "The Corn Laws in continental perspective," European Review of Economic History, Oxford University Press, vol. 16(2), pages 166-187, May.
  7. Accominotti, Olivier & Flandreau, Marc, 2005. "Does Bilateralism Promote Trade? Nineteenth Century Liberalization Revisited," CEPR Discussion Papers 5423, C.E.P.R. Discussion Papers.
  8. Harley, C. Knick, 2001. "The Antebellum Tariff: Different Products Or Competing Sources? A Comment On Irwin And Temin," The Journal of Economic History, Cambridge University Press, vol. 61(03), pages 799-805, September.
  9. Paul Sharp, 2006. "1846 and All That: The Rise and Fall of British Wheat Protection in the Nineteenth Century," Discussion Papers 06-14, University of Copenhagen. Department of Economics.
  10. Federico, Giovanni & Tena, Antonio, 1998. "Was Italy a protectionist country?," European Review of Economic History, Cambridge University Press, vol. 2(01), pages 73-97, April.
  11. Irwin, Douglas A., 1993. "Free Trade and Protection in Nineteenth-Century Britain and France Revisited: A Comment on Nye," The Journal of Economic History, Cambridge University Press, vol. 53(01), pages 146-152, March.
  12. Sibylle H. Lehmann & Kevin H. O'Rourke, 2008. "The Structure of Protection and Growth in the Late 19th Century," NBER Working Papers 14493, National Bureau of Economic Research, Inc.
  13. Lopez-Cordova, J. Ernesto & Meissner, Chris, 2000. "Exchange-Rate Regimes and International Trade: Evidence from the Classical Gold Standard Era," Center for International and Development Economics Research, Working Paper Series qt1b04r034, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
  14. Nathan Nunn & Daniel Trefler, 2010. "The Structure of Tariffs and Long-Term Growth," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 158-94, October.
  15. Douglas A. Irwin, 1989. "Political Economy And Peel'S Repeal Of The Corn Laws," Economics and Politics, Wiley Blackwell, vol. 1(1), pages 41-59, 03.
  16. Markus Lampe, 2011. "Explaining nineteenth‐century bilateralism: economic and political determinants of the Cobden–Chevalier network," Economic History Review, Economic History Society, vol. 64(2), pages 644-668, 05.
  17. Markus Lampe & Paul Sharp, 2009. "Something Rational in the State of Denmark? The Case of an Outsider in the Cobden-Chevalier Network 1860-1875," Discussion Papers 09-20, University of Copenhagen. Department of Economics.
  18. Yue, Chengyan & Beghin, John C., 2007. "The Tariff Equivalent and Forgone Trade Effects of Prohibitive Technical Barriers to Trade," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 10000, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  19. Christopher Blattman & Jason Hwang & Jeffrey G. Williamson, 2004. "The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change," Harvard Institute of Economic Research Working Papers 2040, Harvard - Institute of Economic Research.
  20. Chengyan Yue & John C. Beghin, 2009. "Tariff Equivalent and Forgone Trade Effects of Prohibitive Technical Barriers to Trade," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(4), pages 930-941.
  21. John V. C. Nye, 2007. "Problems of Perspective: The Myth of Free Trade Britain and Fortress France, from War, Wine, and Taxes: The Political Economy of Anglo-French Trade, 1689-1900
    [War, Wine, and Taxes: The Political E
    ," Introductory Chapters, Princeton University Press.
  22. Irwin, Douglas A, 1995. "The GATT in Historical Perspective," American Economic Review, American Economic Association, vol. 85(2), pages 323-28, May.
  23. Jeffrey G. Williamson & Luis Bertola, 2003. "Globalization in Latin America Before 1940," NBER Working Papers 9687, National Bureau of Economic Research, Inc.
  24. Flandreau, Marc, 2004. "The Glitter of Gold: France, Bimetallism, and the Emergence of the International Gold Standard, 1848-1873," OUP Catalogue, Oxford University Press, number 9780199257867.
  25. C. P. Kindleberger, 1974. "The Rise of Free Trade in Western Europe, 1820-1875," Working papers 133, Massachusetts Institute of Technology (MIT), Department of Economics.
  26. Moritz Schularick & Solomos Solomou, 2011. "Tariffs and economic growth in the first era of globalization," Journal of Economic Growth, Springer, vol. 16(1), pages 33-70, March.
  27. Tena-Junguito, Antonio, 2010. "Bairoch revisited: tariff structure and growth in the late nineteenth century," European Review of Economic History, Cambridge University Press, vol. 14(01), pages 111-143, April.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Manuel Llorca-Jaña, 2012. "The impact of "early" nineteenth-century globalization on foreign trade in the Southern Cone: A study of British trade statistics," Economics Working Papers 1323, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2012.
  2. Switgard Feuerstein, 2013. "From the Zollverein to the Economics of Regionalism," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 233(3), pages 367-388, May.
  3. Giovanni Federico & Antonio Tena Junguito, 2013. "The ripples of the Industrial revolution: exports, economic growth and regional integration in Italy in the early 19th century," Working Papers in Economic History wp13-02, Universidad Carlos III, Departamento de Historia Económica e Instituciones.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:cup:jechis:v:72:y:2012:i:03:p:708-740_00. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.