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Much Ado About Nothing? Italian Trade Policy in the late 19th Century

Author

Listed:
  • Federico, G.
  • O'Rourke, K.H.

Abstract

A simple look at nominal or effective tariff rates is not sufficient to analyse the trade policy. One has to consider the overall effects of protection, and by definition this requires a general equilibrium approach. The present paper aims to fill this gap in the literature. It makes use of a computable general equilibrium (CGE) model of the Italian economy in 1911 -the first year for which the available data are abundant and reliable enough for such an exercise.

Suggested Citation

  • Federico, G. & O'Rourke, K.H., 1999. "Much Ado About Nothing? Italian Trade Policy in the late 19th Century," Papers 99/18, College Dublin, Department of Political Economy-.
  • Handle: RePEc:fth:dublec:99/18
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    Citations

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    Cited by:

    1. Harold James & Kevin H. O'Rourke, 2011. "Italy and the first age of globalization, 1861-1940," Quaderni di storia economica (Economic History Working Papers) 16, Bank of Italy, Economic Research and International Relations Area.
    2. Giordano, Claire & Giugliano, Ferdinando, 2015. "A tale of two Fascisms: Labour productivity growth and competition policy in Italy, 1911–1951," Explorations in Economic History, Elsevier, vol. 55(C), pages 25-38.
    3. Michelangelo Vasta, 2009. "Italian export capacity in the long run perspective (1861-2009): a tortuous path to keep the position," Department of Economics University of Siena 572, Department of Economics, University of Siena.
    4. Nadia Fiorino & Roberto Ricciuti, 2009. "Interest Groups and Government Spending in Italy, 1876-1913," CESifo Working Paper Series 2722, CESifo Group Munich.
    5. Michael Hinton & Thomas Barbiero, 2012. "Is Protection Good or Bad for Growth? Lessons from Canada's Cotton Textile Mills," Working Papers 036, Ryerson University, Department of Economics, revised Oct 2012.
    6. Nadia Fiorino & Roberto Ricciuti, 2008. "Interest Groups, Government Spending and Italian Industrial Growth (1876-1913)," RSCAS Working Papers 2008/08, European University Institute.
    7. Broadberry, Stephen & Giordano, Claire & Zollino, Francesco, 2011. "A Sectoral Analysis of Italy's Development: 1861 -2010," CAGE Online Working Paper Series 62, Competitive Advantage in the Global Economy (CAGE).

    More about this item

    Keywords

    ITALY ; TRADE ; INTERNATIONAL ECONOMY;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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