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Something Rational in the State of Denmark? The Case of an Outsider in the Cobden-Chevalier Network 1860-1875

Author

Listed:
  • Markus Lampe

    (Department of Food and Resource Economics, University of Copenhagen)

  • Paul Sharp

    (Department of Economics, University of Copenhagen)

Abstract

We examine the case of an important outsider to the Cobden-Chevalier network of bilateral treaties in the second half of the nineteenth century. We attempt to explain this through a study of the structure of Danish trade and protection. We demonstrate, in contrast to previous accounts that have considered Danish trade policy somewhat irrational, that Denmark was right to remain outside. She had little to gain from concluding treaties, since her main trading partners offered free trade for her exports, agricultural goods, and she needed her own tariffs for revenue purposes.

Suggested Citation

  • Markus Lampe & Paul Sharp, 2009. "Something Rational in the State of Denmark? The Case of an Outsider in the Cobden-Chevalier Network 1860-1875," Discussion Papers 09-20, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:0920
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    File URL: http://www.econ.ku.dk/english/research/publications/wp/dp_2009/0920.pdf/
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    References listed on IDEAS

    as
    1. Baier, Scott L. & Bergstrand, Jeffrey H., 2004. "Economic determinants of free trade agreements," Journal of International Economics, Elsevier, vol. 64(1), pages 29-63, October.
    2. Markus Lampe, 2011. "Explaining nineteenth‐century bilateralism: economic and political determinants of the Cobden–Chevalier network," Economic History Review, Economic History Society, vol. 64(2), pages 644-668, May.
    3. Lampe, Markus, 2009. "Effects of Bilateralism and the MFN Clause on International Trade: Evidence for the Cobden-Chevalier Network, 1860-1875," The Journal of Economic History, Cambridge University Press, vol. 69(4), pages 1012-1040, December.
    4. Pahre,Robert, 2008. "Politics and Trade Cooperation in the Nineteenth Century," Cambridge Books, Cambridge University Press, number 9780521872744, December.
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    Cited by:

    1. 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(3), pages 708-740, August.
    2. repec:hal:spmain:info:hdl:2441/6flqrv4et09btppk9s58qgp979 is not listed on IDEAS
    3. Cagé, Julia & Gadenne, Lucie, 2018. "Tax revenues and the fiscal cost of trade liberalization, 1792–2006," Explorations in Economic History, Elsevier, vol. 70(C), pages 1-24.
    4. Ingrid Henriksen & Markus Lampe & Paul Sharp, 2012. "The strange birth of liberal Denmark: Danish trade protection and the growth of the dairy industry since the mid‐nineteenth century," Economic History Review, Economic History Society, vol. 65(2), pages 770-788, May.
    5. repec:spo:wpmain:info:hdl:2441/6flqrv4et09btppk9s58qgp979 is not listed on IDEAS

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    More about this item

    Keywords

    bilateral treaties; Cobden-Chevalier network; Denmark;
    All these keywords.

    JEL classification:

    • N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services

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