Autarky in Franco's Spain
The costs of a closed economy
Bibliographic Data
| ID | 3169285 |
|---|---|
| Authors | Rodolfo G Campos (0000-0002-7585-3652, Bank of Spain, corresponding author), Iliana Reggio (0000-0003-0772-1452, Universidad Autónoma de Madrid), Jacopo Timini (0000-0002-0745-0819, Bank of Spain) |
| Year | 2023 |
| Volume | 76 |
| Issue | 4 |
| Pages | 1259-1280 |
| Publication date | 2023-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ehr.13243 |
| OpenAlex | W4321352151 |
| Language | EN |
| Citations received | 1 |
| References cited | 31 |
Between the 1940s and 1970s, Spain used a variety of economic policies that hindered international trade. Because the mix of tariffs, quotas, administrative barriers, and exchange rate regimes varied greatly over time, the quantification of the effect of the various trade policies on international trade in this period is particularly elusive. In this paper, we use historical bilateral trade flows and a structural gravity model to quantify the evolution of Spain's border thickness, a summary measure of its barriers to international trade. We find that Spain's borders in the period 1948-75 were thicker than those of any other country in Western Europe, even after the liberalization of trade that started in 1959. These comparatively higher impediments to international trade implied substantial negative effects on consumer welfare. We estimate that accumulated welfare costs over the period 1948-75 exceed 20 per cent of a year's total consumption
Autarky · Bilateral trade · Economics · Free trade · Geography · Gravity model of trade · International economics · International trade · Liberalization · Market economy · Trade barrier · Welfare · Economic Policies and Impacts · Global trade and economics · Politics, Economics, and Education Policy
The Gravity Model
Gravity Equations
Economic integration agreements, border effects, and distance elasticities in the gravity equation
On the widely differing effects of free trade agreements
New Trade Models, Same Old Gains?
Synthetic Control Methods for Comparative Case Studies
Gravity with Gravitas
Between Empire and Globalization
The Log of Gravity
El ingenierismo cambiario. La peseta en los años del cambio múltiple, 1948–1959
Sector exterior y crecimiento en la España autárquica
Economic reforms and growth in Franco's Spain
The Sources of Long-Run Growth in Spain, 1850-2000
Trade costs in the first wave of globalization
The Economic Costs of Conflict
American Military Interests and Economic Confidence in Spain under the Franco Dictatorship
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2024 - 2024 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |