Deliberate Surrender? The Impact of Interwar Indian Protection / Vellore Arthi, Markus Lampe, Ashwin R Nair, Kevin Hjortshøj O'Rourke.
Material type: TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w27178.Publication details: Cambridge, Mass. National Bureau of Economic Research 2020.Description: 1 online resource: illustrations (black and white)Subject(s): Online resources: Available additional physical forms:- Hardcopy version available to institutional subscribers
Item type | Home library | Collection | Call number | Status | Date due | Barcode | Item holds | |
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Working Paper | Biblioteca Digital | Colección NBER | nber w27178 (Browse shelf(Opens below)) | Not For Loan |
May 2020.
What is the impact of trade policy in developing countries? We address the question in the context of interwar India, whose trade policies have been accused of harming British export interests. We quantify the impact of trade policy on the value and composition of Indian imports, using novel disaggregated data on both trade policies and imports for 114 commodity categories coming from 42 countries. Indian trade elasticities were generally larger than those in the United Kingdom at the same time. We find that even though Indian protection lowered total imports, it substantially boosted imports from the UK. Trade policy had a big impact on trade flows.
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