Economic Conditions in Early Modern Bengal: A Contribution to the Divergence Debate
AbstractThe paper contributes to the debate on relative levels of living in the early modern world by estimating the income of and probable range of income growth in Bengal before European colonization. The exercise yields two conclusions, (a) average income in Bengal was significantly smaller than that in contemporary Western Europe, and (b) there is insufficient basis to infer either growth or decline in average income in the 50 years before colonization and the century after. The former conclusion is relevant to the discussion on the origins of international economic inequality, or âdivergenceâ, and the latter is relevant to the scholarship that considers the economic effects of colonialism.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 70 (2010)
Issue (Month): 01 (March)
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Other versions of this item:
- Roy, Tirthankar, 2009. "Economic Conditions in Early Modern Bengal: A Contribution to the Divergence Debate," CEPR Discussion Papers 7522, C.E.P.R. Discussion Papers.
- N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
- N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roy, Tirthankar, 2006. "The Economic History of India 1857-1947," OUP Catalogue, Oxford University Press, edition 2, number 9780195684308.
- Broadberry, Stephen N & Gupta, Bishnupriya, 2005. "The Early Modern Great Divergence: Wages, Prices and Economic Development in Europe and Asia, 1500-1800," CEPR Discussion Papers 4947, C.E.P.R. Discussion Papers.
- Broadberry, Stephen, 2013.
"Accounting For The Great Divergence,"
CAGE Online Working Paper Series
160, Competitive Advantage in the Global Economy (CAGE).
- Roy, Tirthankar, 2011.
"Consumption of cotton cloth in India, 1795-1940,"
CEPR Discussion Papers
8669, C.E.P.R. Discussion Papers.
- Miller, Marcus & Zhang, Lei, 2013. "Fiscal consolidation: Dr Pangloss meets Mr Keynes," CAGE Online Working Paper Series 159, Competitive Advantage in the Global Economy (CAGE).
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