Information and price convergence: Government telegraphs in British India (Record no. 525196)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 01839nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240214b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Andrabi, T., Bharat, S. Kuehlwein, M. |
| 245 ## - TITLE STATEMENT | |
| Title | Information and price convergence: Government telegraphs in British India |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | The Indian Economic and Social History Review |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 60(3), Jul-Sep, 2023: p.301-334 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | In contrast to the abundant literature on railways, there are few studies of the impact of telegraphs—another revolutionary nineteenth-century technology—on price convergence. Most measure the impact on international commodity-price differences between developed countries given an efficient form of transportation: ocean shipping. This article estimates the impact of government telegraphs within a major developing economy—British India—which lacked efficient pre-railway transportation. We use data from almost 200 districts, collected for the period between 1862 and 1920, when over 13,000 district pairs were linked by government telegraphs. We estimate that before the introduction of railways, the presence of telegraphs reduced grain-price dispersion by 7%–13%. There were also spill-over effects on neighbouring districts, the timing of which strongly suggests causation from telegraphs to prices. The results imply that telegraphs played their own important role in the late nineteenth- and early twentieth-century market integration in the developing world. Like railroads, telegraphs in British India significantly contributed to linking geographically dispersed commodity markets to each other to create a more unified economy. – Reproduced https://journals.sagepub.com/doi/full/10.1177/00194646231183371 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | The Indian Economic and Social History Review |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | COMMUNICATION |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-02-14 | 60(3), Jul-Sep, 2023: p.301-334 | AR131032 | 2024-02-14 | Articles |