The Antebellum Tariff on Cotton Textiles Revisited
Abstract
Recent research has suggested that the antebellum U.S. cotton textile industry would have been wiped out had it not received tariff protection. We reaffirm Taussig's judgment that the U.S. cotton textile industry was largely independent of the tariff by the 1830s. American and British producers specialized in quite different types of textile products that were poor substitutes for one another. The Walker tariff of 1846, for example, reduced the duties on cotton textiles from nearly 70 percent to 25 percent and imports soared as a result, but there was little change in domestic production. Using data from 1826 to 1860, we estimate the responsiveness of domestic production to fluctuations in import prices and conclude that the industry could have survived even if the tariff had been completely eliminated.Download Info
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7825.Length:
Date of creation: Aug 2000
Date of revision:
Handle: RePEc:nbr:nberwo:7825
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Keywords:Other versions of this item:
- Irwin, Douglas A. & Temin, Peter, 2001. "The Antebellum Tariff On Cotton Textiles Revisited," The Journal of Economic History, Cambridge University Press, vol. 61(03), pages 777-798, September.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-08-07 (All new papers)
References
References listed on IDEASPlease 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.:
- Temin, Peter, 1988. "Product Quality and Vertical Integration in the Early Cotton Textile Industry," The Journal of Economic History, Cambridge University Press, vol. 48(04), pages 891-907, December.
- Harley, C. Knick, 1992. "International Competitiveness of the Antebellum American Cotton Textile Industry," The Journal of Economic History, Cambridge University Press, vol. 52(03), pages 559-584, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Stephen Meardon, 2005.
"Postbellum Protection and Commissioner Wells's Conversion to Free Trade,"
Method and Hist of Econ Thought
0512001, EconWPA.
- Stephen Meardon, 2007. "Postbellum Protection and Commissioner Wells's Conversion to Free Trade," History of Political Economy, Duke University Press, vol. 39(4), pages 571-604, Winter.
- Tena-Junguito, Antonio & Lampe, Markus & Fernandes, Felipe Tâmega, 2012.
"How Much Trade Liberalization Was There in the World Before and After Cobden-Chevalier?,"
The Journal of Economic History,
Cambridge University Press, vol. 72(03), pages 708-740, September.
- Antonio Tena Junguito & Markus Lampe & Felipe Tâmega, 2012. "How much trade liberalization was there in the world before and after Cobden-Chevalier?," Working Papers in Economic History wp12-02, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Davis, Joseph H. & Irwin, Douglas A., 2008.
"The antebellum U.S. iron industry: Domestic production and foreign competition,"
Explorations in Economic History,
Elsevier, vol. 45(3), pages 254-269, July.
- Joseph H. Davis & Douglas A. Irwin, 2007. "The Antebellum U.S. Iron Industry: Domestic Production and Foreign Competition," NBER Working Papers 13451, National Bureau of Economic Research, Inc.
- Saito, Tetsuya, 2007. "Shipping the Good Apples Out: Another Proof with A Graphical Representation," MPRA Paper 1297, University Library of Munich, Germany.
- Douglas A. Irwin & Joseph H. Davis, 2003. "Trade Disruptions and America's Early Industrialization," NBER Working Papers 9944, National Bureau of Economic Research, Inc.
- Saito, Tetsuya, 2006. "Shipping the Good Apples Out: Alchian-Allen Theorem of Various Qualities," MPRA Paper 883, University Library of Munich, Germany, revised 20 Nov 2006.
- repec:ebl:ecbull:v:6:y:2008:i:30:p:1-12 is not listed on IDEAS
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