Broadberry, S. N. and Gupta, Bishnupriya (2010) Indian GDP, 1600-1871 : some preliminary estimates and a comparison with Britain. Working Paper. Coventry: University of Warwick, Department of Economics. CAGE Online Working Paper Series, Volume 2010 (Number 7).

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Abstract

This paper provides estimates of Indian GDP constructed from the output side for the period 1600-1871, and combines them with population estimates to track changes in living standards. Indian per capita GDP declined steadily. As British living standards increased from the mid-seventeenth century, India fell increasingly behind. Whereas in 1650, Indian per capita GDP was more than 80 per cent of the British level, by 1871 it had fallen to less than 15 per cent. As well as placing the origins of
the Great Divergence firmly in the early modern period, these estimates suggest a relatively prosperous India at the height of the Mughal Empire, with living standards well above bare bones subsistence.

Item Type:	Working or Discussion Paper (Working Paper)
Subjects:	H Social Sciences > HC Economic History and Conditions
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	India -- Economic policy, India -- Foreign relations -- 1765-1857, India -- Economic conditions, Gross national product -- India -- History, Gross national product -- India -- Economic aspects, India -- Foreign relations -- Great Britain
Series Name:	CAGE Online Working Paper Series
Publisher:	University of Warwick, Department of Economics
Place of Publication:	Coventry
Official Date:	June 2010
Dates:	Date Event June 2010 Published
Volume:	Volume 2010
Number:	Number 7
Number of Pages:	30
Status:	Not Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Open Access
Version or Related Resource:	Gupta, Bishnupriya and Broadberry, Stephen. (2012) India and the Great Divergence : an Anglo-Indian comparison of GDP per capita, 1600-1871. (CAGE Online Working Paper Series, No.80/2012) http://wrap.warwick.ac.uk/id/eprint/44401 Broadberry, Stephen and Gupta, Bishnupriya (2011). Indian GDP before 1870 : some preliminary estimates and a comparison with Britain. In: Economic History Society Annual Conference 2011. University of Cambridge, 1-3 Apr 2011. http://wrap.warwick.ac.uk/id/eprint/46021
Related URLs:	Related item in WRAP Related item in WRAP

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