Against the Grain: Spanish Trade Policy in the Interwar Years

• 成果类型: Article
• 署名作者: University of Valencia; Universite de Montreal
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• DOI: 10.1017/S0022050721000474
• 发表日期: 2022
• 页码: 42-86
• 关键词: international market; world-trade; margins; spain; LESSONS; GLOBALIZATION; POLITICS; industry; collapse; gravity

摘要

We study the effects of domestic conflict and external shocks on Spanish trade policy in the interwar period. Our account mobilizes a new granular dataset on exports and imports, and good-country level information on tariffs, trade agreements, and quotas. Into the Depression, the mainstay of policy was the tariff. The establishment of the Second Republic in 1931 was a turning point in policymaking. The new regime initiated bilateral trade negotiations. The Republic's dilemma was to find countries willing to exchange market access. In a daunting international environment, the Spanish case offers a poignant reminder of the perils of going against the grain.