British Myopia and the Collapse of Indian Textile Demand
研究两次世界大战之间英国纺织业萎缩的原因,质疑印度纺织业增长是否不可避免,发现其增长源于英国通胀和印度政治变革等外部事件,而非自然的生产力演进。
Britain's textile industry contracted sharply in the interwar period due to the growth of domestic industries in many of its export markets. Lazonick and Mass argue that, because this growth was inevitable, British entrepreneurs should not have focused on the less developed countries. This article questions whether the interwar growth of the Indian textile industry was inevitable. A quantitative study of Indian import demand and production techniques suggests that the rapid growth of the industry was due to exogenous events—postwar British inflation and change in the Indian political regime—rather than to the natural evolution of Indian productivity.