TY - JOUR AU - Davis,Joseph H. AU - Irwin,Douglas A. TI - The Antebellum U.S. Iron Industry: Domestic Production and Foreign Competition JF - National Bureau of Economic Research Working Paper Series VL - No. 13451 PY - 2007 Y2 - September 2007 UR - http://www.nber.org/papers/w13451 L1 - http://www.nber.org/papers/w13451.pdf N1 - Author contact info: Joseph Davis The Vanguard Group P.O. Box 2600, MS V13 Valley Forge, PA 19482-2600 Tel: 610/669-6725 E-Mail: joseph_davis@vanguard.com Douglas A. Irwin Department of Economics Dartmouth College Hanover, NH 03755 Tel: 603/646-2942 Fax: 603/646-2122 E-Mail: douglas.irwin@dartmouth.edu AB - This paper presents new annual estimates of U.S. production of pig iron and imports of pig iron products dating back to 1827. These estimates are used to assess the vulnerability of the antebellum iron industry to foreign competition and the role of the tariff in fostering the industry's early development. Domestic pig iron production is found to be highly sensitive to changes in import prices. Although import price fluctuations had a much greater impact on U.S. production than changes in import duties, our estimates suggest that the tariff permitted domestic output to be about thirty to forty percent larger than it would have been without protection. ER -