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Brazilian export growth and divergence in the tropics during the nineteenth century

Author

Listed:
  • Absell, Christopher David
  • Tena Junguito, Antonio

Abstract

The objective of this paper is to reappraise both the accuracy of the official export statistics and the conventional narrative of Brazilian export growth during the period immediately following independence. We undertake an accuracy test of the official values of Brazilian export statistics and find evidence of considerable under-valuation. Once corrected, during the postindependence decades (1821-1849) Brazil's current exports represented a larger share of its economy and its constant growth is found to be more dynamic than any other period of the nineteenth century. We posit that this dynamism was related to an exogenous institutional shock in the form of British West Indies slave emancipation that afforded Brazil a competitive advantage.

Suggested Citation

  • Absell, Christopher David & Tena Junguito, Antonio, 2015. "Brazilian export growth and divergence in the tropics during the nineteenth century," IFCS - Working Papers in Economic History.WH wp15-03, Universidad Carlos III de Madrid. Instituto Figuerola.
    • Handle: RePEc:cte:whrepe:wp15-03
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Diversos: só história econômica
      by Leonardo Monasterio in Blog do Leonardo Monasterio on 2016-07-13 01:38:00
    2. The limitations of correcting data with more data
      by Thales ZP in NEP-HIS blog on 2016-07-07 18:33:35

    Citations

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    Cited by:

    1. Giovanni Federico & Antonio Tena‐Junguito, 2017. "Lewis revisited: tropical polities competing on the world market, 1830–1938," Economic History Review, Economic History Society, vol. 70(4), pages 1244-1267, November.
    2. Christopher David Absell, 2020. "The rise of coffee in the Brazilian south‐east: tariffs and foreign market potential, 1827–40," Economic History Review, Economic History Society, vol. 73(4), pages 964-990, November.
    3. Federico, Giovanni & Tena Junguito, Antonio, 2017. "Exports and American divergence. Lost decades and Emancipation collapse in Latin American and the Caribbean 1820-1870," IFCS - Working Papers in Economic History.WH 24208, Universidad Carlos III de Madrid. Instituto Figuerola.
    4. Absell, Christopher David & Tena Junguito, Antonio, 2017. "The Reconstruction of Brazil's Foreign Trade Series, 1821-1913," IFCS - Working Papers in Economic History.WH 24511, Universidad Carlos III de Madrid. Instituto Figuerola.

    More about this item

    Keywords

    Brazil;

    JEL classification:

    • N76 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Latin America; Caribbean
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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