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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
As Africa's role on the global stage is rising, so does the need to understand the shadow of history on the continent's economy and polity. We discuss recent works that shed light on Africa's colonial and precolonial legacies. The emerging corpus is remarkably interdisciplinary. Archives,...
Persistent link: https://www.econbiz.de/10012480929
Several studies link modern economic performance to institutions transplanted by European colonizers and here we extend this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian colonies, including Korea, Taiwan and Palau. In 1939 Japan...
Persistent link: https://www.econbiz.de/10012462106
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
the colonies that became the US after, not before, slavery; that out of the "scandal of empire" in India emerged a "race …
Persistent link: https://www.econbiz.de/10012462860
In a seminal contribution, Acemoglu, Johnson, and Robinson (2001) argue property-rights institutions powerfully affect national income, using estimated mortality rates of early European settlers to instrument capital expropriation risk. However 36 of the 64 countries in their sample are assigned...
Persistent link: https://www.econbiz.de/10012464515
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
The U.S. Constitution removed real and monetary trade barriers between the states. By contrast, these states when they were British colonies exercised considerable real and monetary autonomy over their borders. Purchasing power parity is used to measure how much economic integration between the...
Persistent link: https://www.econbiz.de/10012464810
Although many modern studies find large and significant effects of prior colonial status on bilateral trade, there is very little empirical research that has focused on the contemporaneous impact of empire on trade. We employ a new database of over 21,000 bilateral trade observations during the...
Persistent link: https://www.econbiz.de/10012464882
extralegal appropriation, that determine the profitability of colonialism. The analysis suggests why historically some countries …
Persistent link: https://www.econbiz.de/10012474530