Tariff incidence in America's gilded age

成果类型:
Article
署名作者:
Irwin, Douglas A.
刊物名称:
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN:
0022-0507
DOI:
10.1017/S0022050707000241
发表日期:
2007
页码:
582-607
关键词:
antebellum tariff PROTECTION industry wages TRADE
摘要:
In the late nineteenth century, the United States imposed high tariffs to protect domestic manufacturers from foreign competition. This article examines the magnitude of protection given to import-competing producers and the costs imposed on export-oriented producers by focusing on changes in the domestic prices of traded goods relative to nontraded goods. The results suggest that the 30 percent average import tariff gave about a 17 percent implicit subsidy to import-competing producers and effectively taxed exporters at about 10 percent. Tariffs redistributed large amounts of income (about 8 percent of GDP), but the effect on consumers was roughly neutral.