Did Good Institutions Produce Good Tariffs? Evidence From Tariff Protection in Colonial Victoria
Bibliographic Data
| ID | 20437462 |
|---|---|
| Authors | John K Wilson (0000-0002-4649-9121, University of South Australia), Martin P Shanahan, Martin Shanahan (0000-0002-0405-2989, Conference Board) |
| Year | 2012 |
| Volume | 52 |
| Issue | 2 |
| Pages | 128-147 |
| Publication date | 2012-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Australian Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0004-8992 • E-ISSN: 1467-8446 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1467-8446.2012.00346.x |
| OpenAlex | W1522806652 |
| Language | EN |
| Citations received | 3 |
| References cited | 19 |
Were tariff rates in the Australian colony of Victoria directed towards growth‐enhancing industries or rent seekers? Recent research suggests tariffs may be welfare enhancing if they are directed at industries with positive externalities; something more likely when institutions are strong. Using disaggregated tariff data for the years 1872, 1880, and 1890, we analyse the relationship between industry characteristics and tariffs, finding little evidence that Victorian industries with positive externalities received tariff protection. Our results throw doubt on good institutions necessarily producing good tariff outcomes and suggest the relationship between tariffs and growth is more complex than current studies assume
Colonialism · Economics · Externality · International economics · International trade · Market economy · Microeconomics · Political science · Tariff · Welfare · Australian History and Society · Culture, Economy, and Development Studies · Historical Economic and Social Studies · Law
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| Unique citing works | 3 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2014 - 2022 (9) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |