Deliberate Surrender? The Impact of Interwar Indian Protection
研究了两次世界大战期间印度的贸易政策对英帝国贸易的影响，发现尽管印度保护政策降低了总进口，但通过贸易转移显著增加了从英国的进口，反驳了印度政策损害英国出口利益的观点。
Abstract What is the role of trade policy in promoting intra-Empire trade? We address the question in the context of interwar India, whose trade policies have been accused of harming British export interests. We quantify the impact of trade policy on the value and composition of Indian imports, using novel disaggregated data on both trade policies and imports for 114 commodity categories coming from 42 countries. We find that, even though Indian protection lowered total imports, it substantially boosted imports from the United Kingdom. Despite the rising tariff barriers facing British exporters, trade diversion from other countries ensured that Indian trade policy benefited them overall.