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来源类型Working Paper
规范类型报告
DOI10.3386/w25173
来源IDWorking Paper 25173
The French (Trade) Revolution of 1860: Intra-Industry Trade and Smooth Adjustment
Stéphane Becuwe; Bertrand Blancheton; Christopher M. Meissner
发表日期2018-10-22
出版年2018
语种英语
摘要The Cobden-Chevalier treaty of 1860 eliminated many French import prohibitions and lowered tariffs between France and Britain. Policy change was largely unexpected and unusually free from direct lobbying. A series of commercial treaties with other nations followed because of the use of the unconditional-MFN clause. Post-1860 in France, we find a significant rise in intra-industry trade. On average, rising imports did not prejudice exports. Liberalization allowed for an expansion of two-way trade in differentiated products. The findings are consistent with the “smooth adjustment” hypothesis. Anti-competitive, protectionist lobbying apparent from 1878 was not necessarily a backlash to enhanced international competition.
主题International Economics ; Trade ; History ; Other History
URLhttps://www.nber.org/papers/w25173
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582847
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Stéphane Becuwe,Bertrand Blancheton,Christopher M. Meissner. The French (Trade) Revolution of 1860: Intra-Industry Trade and Smooth Adjustment. 2018.
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