The DOI matches its Crossref record; 23 of the 74 references it cites were found in a registry or an index, and 51 are not checked yet.
Economic History and Modern India: Redefining the Link
Open accessAbstract
This paper argues that to restore the link between economic history and modern India, a different narrative of Indian economic history is needed. An exclusive focus on colonialism as the driver of India's economic history misses those continuities that arise from economic structure or local conditions. In fact, market-oriented British imperial policies did initiate a process of economic growth based on the production of goods intensive in labor and natural resources. However, productive capacity per worker was constrained by low rates of private and public investment in infrastructure, excessively low rates of schooling, social inequalities based on caste and gender and a delayed demographic transition to lower birthrates and the resultant heavy demographic burden placed on physical capital and natural resources.
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Citations
Cites
History, Institutions, and Economic Performance: The Legacy of Colonial Land Tenure Systems in India
Banerjee, A., & Iyer, L. (2005) · American Economic Review · doi:10.1257/0002828054825574 · Cited by 1,268
ReOrient: Global Economy in the Asian Age
Adshead, S. A. M., & Frank, A. G. (1999) · The American Historical Review · doi:10.2307/2649595 · Cited by 1,088
Why Isn't the Whole World Developed?
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Bagchi, A. K. (1972) · Cambridge University Press eBooks · doi:10.1017/cbo9780511563218 · Cited by 334
Landscapes of Disaster: Water, Modernity, and Urban Fragmentation in Mumbai
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The culture of entrepreneurship
Chakraborty, S., Thompson, J. C., & Yehoue, E. B. (2016) · Journal of Economic Theory · doi:10.1016/j.jet.2015.12.007 · Cited by 233
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Traditional Industry in the Economy of Colonial India
Roy, T. (1999) · doi:10.1017/cbo9780511497421 · Cited by 171
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Flagged first, then by citations
Research works printed but not linked: 4
- Chandra Bipan, 1992, The Indian Economy: Problems and Prospects. Bimal Jalan, ed. New York: Viking, 1
- Mukherjee Moni, 1973, Sankhya, 35, 133
- Sarkar Sumit, 1983, Modern India, 1885
- Thorner Alice, 1962, Economic Weekly, 14, 28
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Srivastava, M. (2023) · The Social ION · doi:10.5958/2456-7523.2023.00006.x
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Dixit, A. (2024) · doi:10.33540/2163
Das, S. P. (2024) · New frontiers in regional science: Asian perspectives · doi:10.1007/978-981-97-4901-0_8
Sugar in eastern India: Commercial agriculture and the Indian Ocean trade, c. 1600–1800
Jha, M. K. (2025) · The Indian Economic & Social History Review · doi:10.1177/00194646251386190
Koraprath, T., & Rohith, A. (2025) · Advances in 21st century human settlements · doi:10.1007/978-981-96-8789-3_1
Placing Indian cities in the world city network: a firm-level spatial and temporal study
Das, S. (2020) · Loughborough University Research Repository (Loughborough University) · doi:10.26174/thesis.lboro.13221902
Beyond Numbers: Role of Demography in Caste Mobilization in Colonial Bengal
Roy, N., Mukhopadhyay, K., & Kanchan, R. (2026) · Journal of Asian and African Studies · doi:10.1177/00219096261419714
India's Path to Progress: Integration of Innovation and Indian Values
Kumar, A. (2026) · International Journal of Science and Research (IJSR) · doi:10.21275/sr26312160013
NAVIGATING BUSINESS CHANGE IN OTTOMAN İZMİR: A QUANTITATIVE ANALYSIS OF FIRM SURVIVAL (1888-1893)
Bolcan, A. Z., & Serdaroğlu, Ü. S. (2026) · International Journal of Management Economics and Business · doi:10.17130/ijmeb.1676976
Geopolitical Risk and the Limits of Modern Portfolio PraxisPreprint
Riksen, T. (2026) · SSRN Electronic Journal · doi:10.2139/ssrn.6429698
Abideen, Z. U., & ŞAN, M. K. (2026) · Universal Journal of History and Culture · doi:10.52613/ujhc.1963897
Metadata
- Authors
- Roy, T.
- Affiliations
- Gokhale Institute of Politics and Economics (IN)
- Corresponding author
- Roy, Tirthankar
- ORCID
- Roy, Tirthankar
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2002-08-01
- Volume
- 16
- Issue
- 3
- Pages
- 109-130
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W1968190335
- Cited by
- 108
- References
- 24
- Citations by year
- 2026: 4 · 2025: 2 · 2024: 6 · 2023: 3 · 2022: 5 · 2021: 8 · 2020: 8 · 2019: 3 · 2018: 7 · 2017: 4 · 2016: 4 · 2015: 7 · 2014: 5 · 2013: 4 · 2012: 6
- FWCI
- 8.14
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- The Journal of Economic Perspectives (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Historical Economic and Social Studies
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Indian Economic and Social Development
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Keywords
- Indian economic history, colonialism, British imperialism, economic growth, labor-intensive manufacturing, infrastructure investment, caste inequality, gender inequality, demographic transition, economic structure, modern India
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