The last free traders? Interwar trade policy in the Netherlands and Netherlands East Indies

Abstract There has still been too little detailed work on the protectionism that emerged in the wake of the Great Depression. In this paper we explore the experiences of two countries that have been largely neglected in the literature, the Netherlands and Netherlands East Indies (NEI). How did these traditionally free‐trading economies respond to the Depression? We construct a detailed product‐level database of tariff and non‐tariff barriers to trade on the basis of primary sources. While ad valorem tariff increases in the Netherlands were largely due to deflation, the country protected agricu... Mehr ...

Verfasser: de Zwart, Pim
Lampe, Markus
O'Rourke, Kevin Hjortshøj
Dokumenttyp: Artikel
Erscheinungsdatum: 2023
Reihe/Periodikum: The Economic History Review ; ISSN 0013-0117 1468-0289
Verlag/Hrsg.: Wiley
Schlagwörter: Economics and Econometrics / History
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-26851394
Datenquelle: BASE; Originalkatalog
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Link(s) : http://dx.doi.org/10.1111/ehr.13308

Abstract There has still been too little detailed work on the protectionism that emerged in the wake of the Great Depression. In this paper we explore the experiences of two countries that have been largely neglected in the literature, the Netherlands and Netherlands East Indies (NEI). How did these traditionally free‐trading economies respond to the Depression? We construct a detailed product‐level database of tariff and non‐tariff barriers to trade on the basis of primary sources. While ad valorem tariff increases in the Netherlands were largely due to deflation, the country protected agriculture and textiles in a number of ways. Once quotas are taken into account, trade restrictiveness indices suggest that protection in the Netherlands and NEI was comparable to protection in the UK and India, respectively. The NEI quota system was largely geared to protecting Dutch exporters, and succeeded in doing so, but the reverse was not true.