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

From:
Department for International Development
Published
1 January 2010
Country:
India
Document Type:
Conference Paper
Theme:
Economic Growth
Authors:
Burgess, R., Donaldson, D.

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.

Published 1 January 2010
Contents