Did globalization aid industrial development in colonial India?: a study of knowledge transfer in the iron industry
The 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.
|Date of creation:||Nov 2009|
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- Roy, Tirthankar, 2008. "Knowledge and divergence from the perspective of early modern India," Journal of Global History, Cambridge University Press, vol. 3(03), pages 361-387, November.
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- Eswaran, Mukesh & Kotwal, Ashok, 1994. "Why Poverty Persists in India: A Framework for Understanding the Indian Economy," OUP Catalogue, Oxford University Press, number 9780195632385, December.
- Paul Krugman & Anthony J. Venables, 1995.
"Globalization and the Inequality of Nations,"
NBER Working Papers
5098, National Bureau of Economic Research, Inc.
- Krugman, Paul & Venables, Anthony J., 1995. "Globalization and the Inequality of Nations," Working Paper Series 430, Research Institute of Industrial Economics.
- Krugman, Paul & Venables, Anthony J, 1994. "Globalization and the Inequality of Nations," CEPR Discussion Papers 1015, C.E.P.R. Discussion Papers.
- G. Hammersley, 1973. "The Charcoal Iron Industry and its Fuel, 1540–1750," Economic History Review, Economic History Society, vol. 26(4), pages 593-613, November.
- repec:hhs:iuiwop:430 is not listed on IDEAS
- Dutt, Amitava Krishna, 1992. "The Origins of Uneven Development: The Indian Subcontinent," American Economic Review, American Economic Association, vol. 82(2), pages 146-50, May.
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