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When Britain turned inward: The impact of Interwar British protection

Abstract:
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.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1257/aer.20172020

Authors


More by this author
Institution:
University of Oxford
Division:
HUMS
Department:
History Faculty
Oxford college:
All Souls College
Role:
Author
ORCID:
0000-0001-6272-2090


More from this funder
Funding agency for:
O'Rourke, K
Grant:
249546
More from this funder
Funding agency for:
O'Rourke, K
Grant:
249546
More from this funder
Funding agency for:
O'Rourke, K
Grant:
249546


Publisher:
American Economic Association
Journal:
American Economic Review More from this journal
Volume:
109
Issue:
2
Pages:
325-52
Publication date:
2018-02-01
Acceptance date:
2018-08-13
DOI:
ISSN:
0002-8282


Pubs id:
pubs:924196
UUID:
uuid:179863aa-63a3-45e1-afbf-16228b590420
Local pid:
pubs:924196
Source identifiers:
924196
Deposit date:
2018-10-06

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