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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 percent of … organize our thinking about the relative role played by domestic and foreign forces in India's de-industrialization. The …
Persistent link: https://www.econbiz.de/10012468107
This paper examines the economics of large scale institutional change by studying the adoption of the land demarcation practices within the British Empire during the 17th through 19th Centuries. The advantages of systematic, coordinated demarcation, such as with the rectangular survey, relative...
Persistent link: https://www.econbiz.de/10012462831
For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade...
Persistent link: https://www.econbiz.de/10012464570
extralegal appropriation, that determine the profitability of colonialism. The analysis suggests why historically some countries …
Persistent link: https://www.econbiz.de/10012474530
We explore the impact of British colonial institutions on the economic development of India. In some regions, the …
Persistent link: https://www.econbiz.de/10012466048
differences in specialization and income emerged. To understand the contribution of global market forces, as well as colonialism …
Persistent link: https://www.econbiz.de/10012482046
This survey reviews the broad changes in U.S. trade policy over the course of the nation's history. Import tariffs have been the main instrument of trade policy and have had three main purposes: to raise revenue for the government, to restrict imports and protect domestic producers from foreign...
Persistent link: https://www.econbiz.de/10012480200
In his seminal publications between the 1930s and 1960s, Frederick Lane offered three hypotheses regarding the impact of the Voyages of Discovery that have guided debate ever since. First, pepper and other spice prices did not rise in European markets in the century before the 1490s, and thus...
Persistent link: https://www.econbiz.de/10012466787
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10012496170
We present new data documenting medieval Europe's "Commercial Revolution'' using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany's first...
Persistent link: https://www.econbiz.de/10012460680