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Sunday, August 9, 2020 | History

2 edition of optimal tax on antebellum U.S. cotton exports found in the catalog.

optimal tax on antebellum U.S. cotton exports

Douglas A. Irwin

optimal tax on antebellum U.S. cotton exports

by Douglas A. Irwin

  • 40 Want to read
  • 38 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Export duties -- United States -- History.,
  • Cotton trade -- United States -- History.,
  • United States -- Economic conditions -- To 1865.

  • Edition Notes

    StatementDouglas A. Irwin.
    SeriesNBER working paper series -- no. 8689, Working paper series (National Bureau of Economic Research) -- working paper no. 8689.
    ContributionsNational Bureau of Economic Research.
    The Physical Object
    Pagination27 p. :
    Number of Pages27
    ID Numbers
    Open LibraryOL22430531M

    U.S. EXPORT SALES FOR WEEK ENDING 4/30/ Cotton: Net sales of , RB for / were down 15 percent from the previous week, but up noticeably from the prior 4-week average. Increases primarily for China (, RB, including 3, RB switched from Vietnam, decreases of 35, RB, and late RB – see below), Vietnam (, RB, including 1, . In the antebellum era—that is, in the years before the Civil War—American planters in the South continued to grow Chesapeake tobacco and Carolina rice as they had in the colonial era. Cotton, however, emerged as the antebellum South’s major commercial crop, eclipsing tobacco, rice, and sugar in economic importance. By , the region was producing two-thirds of the world’s .

    Lubbock Fibers. State: Texas 11th Street Lubbock, TX United States. Tel: Email: [email protected] Lyons Cotton, Inc. State: Tennessee P.O. Box Memphis, TN United States. Overseas sales of U.S. cotton make a significant contribution to the reduction in the U.S. trade deficit. Annual values of U.S. cotton sold overseas have averaged more than $2 billion. Recently, the U.S. has supplied over million bales of the world’s cotton exports, accounting for about 37% of the total world export market.

    Now the supercargo must go to the U.S. Customs office and pay the customs officer forty-percent of the money, $4, He is left with only six-thousand dollars in his wallet. Arriving at the cotton exchange, he says to the cotton broker, "I'm sorry, Sir, but your government has taken away a large share of the proceeds from the iron and woolens. The Cotton Exporter’s Guide is a reference book that contains pragmatic and operational information on the international cotton market. The objective is to provide all those engaged in producing and exporting cotton with a thorough and down-to-earth understanding of all aspects of the international cotton trade.


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Optimal tax on antebellum U.S. cotton exports by Douglas A. Irwin Download PDF EPUB FB2

The Optimal Tax on Antebellum U.S. Cotton Exports Douglas A. Irwin. NBER Working Paper No. Issued in December NBER Program(s):Program on the Development of the American Economy, International Trade and Investment Program The United States produced about 80 percent of the world's cotton in the decades prior to the Civil War.

Genre/Form: History: Additional Physical Format: Online version: Irwin, Douglas A., Optimal tax on antebellum U.S. cotton exports. Cambridge, MA. The optimal tax on antebellum US cotton exports Article in Journal of International Economics 60(2) December with 15 Reads How we measure 'reads'.

Get this from a library. The optimal optimal tax on antebellum U.S. cotton exports book on antebellum U.S. cotton exports. [Douglas A Irwin; National Bureau of Economic Research.] -- Abstract: The United States produced about 80 percent of the world's cotton in the decades prior to the Civil War.

How much monopoly power did the United States possess in the world cotton market and. Downloadable. The United States produced about 80 percent of the world's cotton in the decades prior to the Civil War. How much monopoly power did the United States possess in the world cotton market and what would have been the effect of an optimal export tax.

This paper estimates the elasticity of foreign demand for U.S. cotton exports and uses the elasticity in a simple. T he optimal tax on antebellum US cotton exports Douglas A. Irwin* Department of Economics and NBER,Dartmouth College,Hanover,NH ,USA Received 2 April ; received in revised form 10 April ; accepted 24 April Abstract The US produced about 80% of the world’s cotton in the decades prior to the Civil War.

Similarly, cotton accounted for about 23 % of income in the South, but the South accounted for only 26% of U.S. income. See D. Irwin, “The Optimal Tax on Antebellum U.S.

cotton Exports,” Journal of International Economics 60()) Ultimately, the value of cotton production was equal to about 6% of GDP. The combined effect on the demand for U,S, cotton exports of a 1-cent-per-pound change in price of cotton, other factors unchanged, would therefore be the total of the change in FFW consumption and production.

Assuming no stock changes, FFW dem^and for U.S. cotton exports would be increased bybales--the combined total of. Structure The National Cotton Council is a federation that works out common problems and develops programs of mutual benefit for its members.

Economics Crop Info An abundance of information such as a profile of U.S. cotton’s economic contributions and updated U.S. cotton acreage, production and export numbers. Between andthe value of cotton exports as a percentage of all U.S. exports grew from 7 to 57 Inwhich crop consumed most of the acreage in the Old South.

"The optimal tax on antebellum US cotton exports," Journal of International Economics, Elsevier, vol. 60(2), pagesAugust. Douglas A. Irwin, " The Optimal Tax on Antebellum U.S. Cotton Exports," NBER Working PapersNational Bureau of Economic Research, Inc.

American Exceptionalism as a Problem in Global History. Robert C. Allen (a1) If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. “ The Optimal Tax on Antebellum U.S.

Cotton by:   Cotton exports were about 65% of total production with 35% consumed by domestic factories.

Total cotton becomes percent times = % Another view. Reference 1. Slavery was predominately associated with one product: cotton. Cotton was a very important crop. It is true, as. Similarly, cotton accounted for about 23 % of income in the South, but the South accounted for only 26% of U.S.

income. See D. Irwin, “The Optimal Tax on Antebellum U.S. Cotton Exports,” Journal of International Economics 60()) Ultimately, the value of cotton production was equal to about 6% of GDP. The Optimal Tax on Antebellum Cotton Exports, Journal of International Economics 60 (August ): ‑ New Estimates of the Average Tariff of the United States, Journal of Economic History 63 (June ): This project aims to enhance our understanding of the role that international trade and U.S.

trade policy has played in American economic history. This project focuses specifically on Author: Irwin, Douglas. Use U.S. cotton’s Directory of Suppliers to find the cotton exporters contact information. Skip to content Our site uses cookies and other technologies so that we, and our partners, can remember you, understand how you use our site, and serve you communications in line with your interests.

U.S. cotton exports Published by M. Shahbandeh, Total downloads of all papers by Douglas A. Irwin. If you need immediate assistance, call SSRNHelp ( ) in the United States, or +1 outside of the United States, AM to PM U.S. Eastern, Monday - Friday. The Optimal Tax on Antebellum U.S.

Cotton Exports Douglas A. Irwin # (DAE, ITI) Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System Louis Kaplow and Steven Shavell # (LE, PE) Household Electricity Demand, Revisited Peter C.

Reiss and Matthew W. White # (IO) Equity Portfolio Diversification. Cotton was king in both South and in Britian. Bycotton amounted to ____ percent of U.S exports and accounted for more than _____ percent of the world's supply.

Britain's economy was based on cotton textiles, and Britain got _____ percent of its fiber supply from the South. The United States is the world’s third-largest cotton producer and the leading cotton exporter, accounting for one-third of global trade in raw cotton.

The U.S. cotton industry accounts for more than $21 billion in products and services annually, generating more thanjobs in the industry sectors from farm to textile mill.The United States was the leading exporter of cotton worldwide in / In that time period, the U.S. cotton industry had an export volume of million metric tons.