Working Paper: CEPR ID: DP1700
Authors: Kevin H. O'Rourke
Abstract: The paper estimates the correlation between tariffs and economic growth in the late nineteenth century, in the context of three types of growth equation: unconditional convergence equations; conditional convergence equations; and factor accumulation models. It does so for a panel of ten countries between 1875 and 1914. Tariffs were positively correlated with growth in these countries during this period.
Keywords: tariffs; growth; history
JEL Codes: F13; N70
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Tariffs (F19) | Growth Rates (O49) |
| Tariffs (with country-specific fixed effects) (F19) | Growth Rates (O49) |
| Tariffs (F19) | Growth Rates during economic booms (O42) |
| Tariffs (F19) | Savings and Investment Rates (E21) |