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This paper provides estimates of Indian GDP constructed from the output side for the pre-1871 period, and combines them with population estimates to track changes in living standards. Indian per capita GDP declined steadily during the seventeenth and eighteenth centuries before stabilising...
Persistent link: https://www.econbiz.de/10010758531
India fell further behind the UK in terms of GDP per capita and overall labour productivity between the 1870s and the 1970s, but has been catching-up since. This paper offers a sectoral analysis of these trends. Comparative India/UK labour productivity in agriculture has declined continuously,...
Persistent link: https://www.econbiz.de/10008494934
Overall labour productivity in India was already only around 15 per cent of the UK level between the early 1870s and the late 1920s. Between 1929 and 1950 India fell further behind and remained at around 10 per cent of the UK level until the 1970s. India has been catching-up since the 1970s, but...
Persistent link: https://www.econbiz.de/10005146845
Estimates of Indian GDP are constructed from the output side for 1600–1871, and combined with population data. Indian per capita GDP declined steadily during the seventeenth and eighteenth centuries before stabilising during the nineteenth century. As British growth increased from the...
Persistent link: https://www.econbiz.de/10011208545
Persistent link: https://www.econbiz.de/10008236331
Persistent link: https://www.econbiz.de/10006011396