The Antebellum Tariff on Cotton Textiles Revisited
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.
|Date of creation:||Aug 2000|
|Date of revision:|
|Publication status:||published as Irwin, Douglas A. and Peter Temin. "The Antebellum Tariff On Cotton Textiles Revisited," Journal of Economic History, 2001, v61(3,Sep), 777-798.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
More information through EDIRC
References listed on IDEAS
Please 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.:
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:7825. 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: ()
If references are entirely missing, you can add them using this form.