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Labor Mobility, Market Integration, and Wage Convergence in Late 19th Century India
| Title: | Labor Mobility, Market Integration, and Wage Convergence in Late 19th Century India | | Author: | Collins W.J. | | Publication: | Explorations in Economic History / Academic Press | | Enumeration: | vol. 36, no. 3, pp. 246-277, July 1999 | | Abstract: | I use district-level wage and food price data for the period 1873 to 1906 to investigate the impact of improvements in transportation on the price of labor in late 19th century India. Falling transport costs could have promoted regional wage convergence by facilitating both labor mobility and interregional commodity trade. There is, however, only qualified evidence of wage convergence in late 19th century India, and it appears that the steady-state dispersion of wages was not compressed by the forces of “globalization.” Relatively low rates of internal migration, weak Heckscher–Ohlin factor price convergence forces, and high climatic variability all contribute to this result. Copyright 1999 Academic Press. Source of Abstract: Provided by Publisher | | See Also: | | Tools: |
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