Power politics and the expansion of U.S. exports, 1879-1938

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dc.contributor.author Tena Junguito, Antonio
dc.contributor.author Restrepo Estrada, María Isabel
dc.contributor.editor Universidad Carlos III de Madrid. Instituto Figuerola de Historia y Ciencias Sociales
dc.date.accessioned 2022-02-25T10:30:43Z
dc.date.available 2022-02-23T16:28:23Z
dc.date.issued 2022-02-23
dc.identifier.issn 2341-2542
dc.identifier.uri http://hdl.handle.net/10016/34225
dc.description.abstract In this paper we present for the first-time quantitative evidence of the effect of U.S. power policy on the expansion of its export market from the late-19th century to the eve of World War II. U.S. imperial policies were expressed through annexation, dominion, and gunboat policies, as did other empires, and exports to these markets grew more than three times faster than the rest of the territories. Our most relevant contribution to the discussion that power plays a critical role in international trade is based on a new geographically extensive database with information on bilateral trade flows, market size, trade costs and variables that capture U.S. political and military power. We first estimate a gravity equation to see the relationship between our political variables and U.S exports and then we present causal evidence of the role of the colonies and protectorates in the expansion of U.S exports through an event study and the estimation of a generalized difference-in-differences model.
dc.language.iso eng
dc.relation.ispartofseries Working Papers in Economic History
dc.relation.ispartofseries 22-01
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Power politics and Us exports
dc.subject.other US Imperialism
dc.subject.other 19th And 20th Century
dc.subject.other US international political activity
dc.title Power politics and the expansion of U.S. exports, 1879-1938
dc.type workingPaper
dc.subject.jel F13
dc.subject.jel F54
dc.subject.jel N40
dc.subject.jel N70
dc.subject.eciencia Economía
dc.type.version draft
dc.identifier.uxxi DT/0000001984
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