Protection, Economic War and Structural Change: The 1930s in Ireland
The 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.
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.
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.
|Date of creation:||Jul 1986|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:117. 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: ()The email address of this maintainer does not seem to be valid anymore. Please ask to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.