Protection, Economic War and Structural Change: The 1930s in Ireland
AbstractThe paper describes the insights which trade theory can provide into economic developments in Ireland during the 1930s. First, a version of Ronald Jones's "specific factors" model is applied to the period after 1932, when a policy which combined industrial tariff protection and controls on capital inflows was imposed by the newly-elected De Valera government. It is shown that such a policy mix was inconsistent if the aim of policy was employment creation. The controls on capital inflows were ineffective in practice employment. This ineffectiveness benefitted, although it decreased welfare. The specific factors model is then developed, along Gruen-Corden lines, to allow for the effects of the government's "protillage" policy on the agricultural sector. In a separate section, we apply the standard partial equilibrium analysis of the gains and losses from tariffs to the so-called 'economic war' between Ireland and Britain (1932-8). The outcome tentatively supports the claim that Ireland 'did not lose' this war.
Download InfoIf 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 117.
Date of creation: Jul 1986
Date of revision:
Contact details of provider:
Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Neary, J. Peter, 2009.
"Trade costs and foreign direct investment,"
International Review of Economics & Finance,
Elsevier, vol. 18(2), pages 207-218, March.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
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.