The Empire project: Trade policy in interwar Canada

Markus Lampe, Kevin Hjortshøj O´Rourke, Lorenz Reiter, Yoto V. Yotov

Publikation: Wissenschaftliche FachzeitschriftOriginalbeitrag in FachzeitschriftBegutachtung

Abstract

This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into 1697 goods originating in 112 countries, to analyse the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than use a dummy variable approach, we compute the impact of individual tariffs which varied substantially across goods, trade partners, and time. We perform a variety of counterfactual exercises to determine the impact of tariffs on trade flows. The overall impact of post-1929 tariff shifts, including the 1932 agreements, was relatively small, reflecting the fact that Canadian trade policy was already highly protectionist: trade agreements can have heterogeneous effects on participants because the shocks involved are different. Compared with a free trade counterfactual, the impact of the overall structure of protection on Canadian imports was large.
OriginalspracheEnglisch
Aufsatznummer104024
Seitenumfang24
FachzeitschriftJournal of International Economics
Jahrgang153
DOIs
PublikationsstatusVeröffentlicht - Jan. 2025

Österreichische Systematik der Wissenschaftszweige (ÖFOS)

  • 502049 Wirtschaftsgeschichte
  • 502003 Außenhandel
  • The Empire Project: Trade Policy in Interwar Canada

    Lampe, M., O´Rourke, K. H., Reiter, L. & Yotov, Y. V., 23 Mai 2023, (CEPR Discussion Paper; Nr. 18162). (NBER Working Paper; Nr. 31238). (CESifo Working Paper Series; Nr. 10419). (Oxford Economic and Social History Working Papers; Nr. 208). (NYUAD Division of Social Science Working Paper Series; Nr. 0089).

    Publikation: Working/Discussion PaperWorking Paper/Preprint

    Open Access

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