Discrimination or Social Networks? Industrial Investment in Colonial India

Bishnupriya Gupta

No 270440, Economic Research Papers from University of Warwick - Department of Economics

Abstract: Industrial investment in Colonial India was segregated by the export oriented industries, such as tea and jute that relied on British firms and the import substituting cotton textile industry that was dominated by Indian firms. The literature emphasizes discrimination against Indian capital. Instead informational factors played an important role. British entrepreneurs knew the export markets and the Indian entrepreneurs were familiar with the local markets. The divergent flows of entrepreneurship can be explained by the comparative advantage enjoyed by social groups in information and the role of social networks in determining entry and creating separate spheres of industrial investment.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 43
Date: 2013-05
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/270440/files/twerp_1019_gupta.pdf (application/pdf)
https://ageconsearch.umn.edu/record/270440/files/t ... a.pdf?subformat=pdfa (application/pdf)

Related works:
Journal Article: Discrimination or Social Networks? Industrial Investment in Colonial India (2014)
Working Paper: Discrimination or Social Networks? Industrial Investment in Colonial India (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:270440

DOI: 10.22004/ag.econ.270440

Access Statistics for this paper

More papers in Economic Research Papers from University of Warwick - Department of Economics
Bibliographic data for series maintained by AgEcon Search ().