Did globalization aid industrial development in colonial India?: a study of knowledge transfer in the iron industry
AbstractThe paper explores the link between international economic integration and technological capability in colonial India. The example of iron industry shows that many new ideas and skills flowed into India from Europe, but not all met with commercial success. The essay suggests that in those fields in which the costs of complementary factors were relatively low, the chance of success was higher. This condition was present in the craft of the blacksmith, in which the main complementary input was craftsmanship. The condition was slow to develop in iron-smelting, where the costs of fuel, labour, capital, and carriage of ore were high in the mid-nineteenth century.
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Bibliographic InfoPaper provided by London School of Economics and Political Science, Department of Economic History in its series Economic History Working Papers with number 27876.
Length: 51 pages
Date of creation: Nov 2009
Date of revision:
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Postal: LSE, Dept. of Economic History Houghton Street London, WC2A 2AE, U.K.
Phone: +44 (0) 20 7955 7084
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Other versions of this item:
- Tirthankar Roy, 2009. "Did globalisation aid industrial development in colonial India? A study of knowledge transfer in the iron industry," The Indian Economic & Social History Review, , vol. 46(4), pages 579-613, October.
- Tirthankar Roy, 2009. "Did globalisation aid industrial development in colonial India? A study of knowledge transfer in the iron industry," LSE Research Online Documents on Economics 27396, London School of Economics and Political Science, LSE Library.
- N0 - Economic History - - General
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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- repec:fth:iniesr:430 is not listed on IDEAS
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