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Import Substitution, Structural Change, and Regional Economic Growth in the United States: The Northeast, 1870–1910

Published online by Cambridge University Press:  03 March 2009

William K. Hutchinson
William K. Hutchinson
Affiliation:
The author is Associate Professor of Economics at Miami University, Oxford, Ohio 45056.
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Abstract

This article uses data on regional output and imports to examine the relationship between imports and regional growth in the Northeast. The tariff rates, both nominal and effective, are considered as evidence of national policy that may have benefited this particular region. The findings are that particular industries do benefit from tariff protection, but their location is due to regional resource advantages.

Type
Papers Presented at the Forty-fourth Annual Meeting of the Economic History Association
Information
The Journal of Economic History , Volume 45 , Issue 2 , June 1985 , pp. 319 - 325
Copyright
Copyright © The Economic History Association 1985

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References

1 Miller, Ann Ratner, “Labor Force Trends and Differentials”, in Analyses of Economic Change, vol. 3 of Kuznets, Simon, Miller, Ann Ratner, and Easterlin, Richard A., eds., Population Redistribution and Economic Growth: United Stales, 1870–1950 (Philadelphia, 1960), p. 41.Google Scholar

2 Miller, Ann Ratner, “Labor Force Trends and Differentials”, in Analyses of Economic Change, vol. 3 of Kuznets, Simon, Miller, Ann Ratner, and Easterlin, Richard A., eds., Population Redistribution and Economic Growth: United Stales, 1870–1950 (Philadelphia, 1960)., p. 70.Google Scholar

3 Taussig, F. W., The Tariff History of the United States (New York, 1914).Google Scholar

4 Baack, Bennett D. and Ray, Edward John, “Tariff Policy and Comparative Advantage in the Iron and Steel Industry: 1870–1929”, Explorations in Economic History, 2 (Fall 1973);Google ScholarHawke, G. R., “The United States Tariff and Industrial Protection in the Late Nineteenth Century”, Review of Economic History, 28 (02 1975).Google Scholar

5 See Table A.1 in Hutchinson, W. K., “Regional Exports to Foreign Countries: United States, 1870–1910”, Research in Economic History, 7 (1982), p. 168.Google Scholar

6 Taussig (Tariff History, p. 273), discusses the changes in the 1890 Tariff Act that would have reduced import competition. A 2.20 per pound tariff was levied on tin plate in 1890 to generate domestic production. If production did equal one-third or more of imports by 1897, then the tariff was to be dropped.Google Scholar

7 Hutchinson, W. K., “Regional Exports to Foreign Countries: United States, 1870–1910”, Research in Economic History, 7 (1982)., p. 245.Google Scholar