Corpus ID: 56313312

Railroads and the Raj: The Economic Impact of Transportation Infrastructure.

@inproceedings{Donaldson2008RailroadsAT,
  title={Railroads and the Raj: The Economic Impact of Transportation Infrastructure.},
  author={D. Donaldson},
  year={2008}
}
I estimate the economic impact of the construction of colonial India’s railroad network from 1861-1930. Using newly collected district-level data on annual output, prices and internal trade flows I find that the railroad network had the following effects: (1) Railroads caused transport costs along optimal routes to fall by 73 percent for an average shipment. (2) The lower transport costs caused by railroads significantly increased India’s interregional and international trade. (3) The… Expand

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