Quotation Arthi, Vellore, Lampe, Markus, Nair, Ashwin, O´Rourke, Kevin H. 2021. Deliberate Surrender? The Impact of Interwar Indian Protection. CEPR Discussion Paper 14775 v2.




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 sub- stantially boosted imports from the UK. Trade policy had a big impact on trade flows.


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Working/discussion paper, preprint
Language English
Title Deliberate Surrender? The Impact of Interwar Indian Protection
Title of whole publication CEPR Discussion Paper 14775 v2
Year 2021
URL https://cepr.org/active/publications/discussion_papers/dp.php?dpno=14775-2
JEL F13, F14, N75


Lampe, Markus (Details)
Arthi, Vellore (University of California, Irvine, United States/USA)
Nair, Ashwin (---, India)
O´Rourke, Kevin H (NYU Abu Dhabi, United Arab Emirates)
Institute for Economic and Social History IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5325 Political economics (Details)
5334 Political economic policy (Details)
5340 Economic history (Details)
6521 Economic history (Details)
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