Clingingsmith, David; Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2005
India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19 … some decline, and India underwent secular de-industrialization as a consequence. While India produced about 25% of world … supply-side influences (such as the demise of the Mughal empire) and how much to world price shocks (such as world market …