The Optimal Tax on Antebellum U.S. Cotton Exports

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Douglas A. Irwin;
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    • jel: jel:F1 | jel:N3

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 t... View more
  • References (1)

    Lebergott, Stanley. “Why the South Lost: Commercial Purpose in the Confederacy, 1861-1865.” Journal of American History 70 (June 1983): 58-74.

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