1846 and All That: The Rise and Fall of British Wheat Protection in the Nineteenth Century
Research output: Working paper › Research
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Final published version, 166 KB, PDF document
By documenting the legislative history of the Corn Laws from 1670 and using previously unused data to calculate annual Ad Valorem Equivalents for most years from 1814, it is possible to establish several important facts about British wheat protection. Statutory protection was only significant for a few years after 1815, the decline starting in the 1820s and continuing beyond the famous “repeal” in 1846. The level of protection prior to 1846 was, for many years, much lower than previous accounts have suggested. The annual time series of Ad Valorem Equivalents will allow for UK trade policy to play the important role it deserves in econometric analyses of the nineteenth century
Original language | English |
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Place of Publication | Cph. |
Publisher | Department of Economics, University of Copenhagen |
Number of pages | 26 |
Publication status | Published - 2006 |
- Faculty of Social Sciences - United Kingdom, Corn Laws, protectionism
Research areas
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ID: 312608