How Does Trade Openness Affect Real Income Volatility? Evidence from India's Famine Era.

Abstract

This presentation discusses how volatility in weather and rainfall has affected famines in India, and the impact of greater trade openness following the arrival of the railways. It is suggested that railroads virtually eliminated the effects of rainfall on famine/death in India.

Citation

Presented at American Economic Association in Atlanta, January 2010. 67 pp.

How Does Trade Openness Affect Real Income Volatility? Evidence from India’s Famine Era.

Help us improve GOV.UK

Don’t include personal or financial information like your National Insurance number or credit card details.