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Antebellum Tariff Politics: Regional Coalitions and Shifting Economic Interests

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  • Douglas A. Irwin

Abstract

Throughout U.S. history, import tariffs have been put on a sustained downward path in only two instances: from the early 1830s until the Civil War and from the mid-1930s to the present. This paper analyzes the political economy of tariff reductions in the antebellum period. Tariff politics was highly sectional: the North supported high tariffs, the South favored low tariffs, and the West was a swing region. In the 1820s, a coalition between the North and West raised tariffs by exchanging votes on import duties for spending on internal improvements. President Andrew Jackson delinked these issues by vetoing several internal improvements bills. The nullification crisis led to the Compromise Tariff of 1833, which phased out tariffs above 20 percent over a 9-year period. By this time, transportation improvements gave the West access to foreign markets, giving the region a stake with the South in maintaining a low tariff equilibrium. Thus, the West's changing position on trade policy helps explain the rise and fall of tariffs over this period. (c) 2008 by The University of Chicago. All rights reserved.

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  • Douglas A. Irwin, 2008. "Antebellum Tariff Politics: Regional Coalitions and Shifting Economic Interests," Journal of Law and Economics, University of Chicago Press, vol. 51(4), pages 715-741, November.
    • Handle: RePEc:ucp:jlawec:v:51:y:2008:i:4:p:715-741
    DOI: 10.1086/590131
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    References listed on IDEAS

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    Cited by:

    1. Douglas A. Irwin, 2019. "U.S. Trade Policy in Historical Perspective," NBER Working Papers 26256, National Bureau of Economic Research, Inc.
    2. Christopher Rowe, 2020. "American society through the prism of the Walker Tariff of 1846," Economic Affairs, Wiley Blackwell, vol. 40(2), pages 180-197, June.
    3. Dorn, David & Levell, Peter, 2021. "Trade and Inequality in Europe and the US," IZA Discussion Papers 14914, Institute of Labor Economics (IZA).
    4. Joseph Davis & Marc D. Weidenmier, 2016. "America's First Great Moderation," NBER Working Papers 21856, National Bureau of Economic Research, Inc.

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