When Britain turned inward: The impact of Interwar British protection

International trade collapsed, and also became much less multi-lateral, during the 1930s. Previous studies, looking at aggregate trade flows, have argued that trade policies had relatively little to do with either phenomenon. Using a new dataset incorporating highly disaggregated information on the...

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Main Authors: De Bromhead, A, Fernihough, A, Lampe, M, O'Rourke, K
Format: Journal article
Published: American Economic Association 2018
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author De Bromhead, A
Fernihough, A
Lampe, M
O'Rourke, K
author_facet De Bromhead, A
Fernihough, A
Lampe, M
O'Rourke, K
author_sort De Bromhead, A
collection OXFORD
description International trade collapsed, and also became much less multi-lateral, during the 1930s. Previous studies, looking at aggregate trade flows, have argued that trade policies had relatively little to do with either phenomenon. Using a new dataset incorporating highly disaggregated information on the UK's imports and trade policies, we find that while conventional wisdom is correct regarding the impact of trade policy on the total value of British imports, discriminatory trade policies can explain the majority of Britain's shift towards Imperial imports in the 1930s.
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spelling oxford-uuid:179863aa-63a3-45e1-afbf-16228b5904202022-03-26T10:38:26ZWhen Britain turned inward: The impact of Interwar British protectionJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:179863aa-63a3-45e1-afbf-16228b590420Symplectic Elements at OxfordAmerican Economic Association2018De Bromhead, AFernihough, ALampe, MO'Rourke, KInternational trade collapsed, and also became much less multi-lateral, during the 1930s. Previous studies, looking at aggregate trade flows, have argued that trade policies had relatively little to do with either phenomenon. Using a new dataset incorporating highly disaggregated information on the UK's imports and trade policies, we find that while conventional wisdom is correct regarding the impact of trade policy on the total value of British imports, discriminatory trade policies can explain the majority of Britain's shift towards Imperial imports in the 1930s.
spellingShingle De Bromhead, A
Fernihough, A
Lampe, M
O'Rourke, K
When Britain turned inward: The impact of Interwar British protection
title When Britain turned inward: The impact of Interwar British protection
title_full When Britain turned inward: The impact of Interwar British protection
title_fullStr When Britain turned inward: The impact of Interwar British protection
title_full_unstemmed When Britain turned inward: The impact of Interwar British protection
title_short When Britain turned inward: The impact of Interwar British protection
title_sort when britain turned inward the impact of interwar british protection
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