The Growth of Manufacturing Protection in 1920s Britain

  title={The Growth of Manufacturing Protection in 1920s Britain},
  author={Brian D. Varian},
  journal={ERN: Other Political Economy: Fiscal Policies \& Behavior of Economic Agents (Topic)},
  • Brian D. Varian
  • Published 1 November 2019
  • Economics, History
  • ERN: Other Political Economy: Fiscal Policies & Behavior of Economic Agents (Topic)
Prior to the Import Duties Act of 1932, an assortment of legislation expanded the scope of manufacturing protection in Britain. This article assesses the magnitude of manufacturing protection before the Import Duties Act and finds that, in 1930, 9% of net manufacturing output occurred in a protected industry. In the late 1920s, protected industries exhibited above‐average growth in labour productivity. However, protection was disproportionately extended to newer manufacturing industries… 
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