After da Gama: Real wages in Western India, c.1500-c.1650
Principal Investigator(s): View help for Principal Investigator(s) Pim de Zwart, Wageningen University; Jan Lucassen, International Institute of Social History; Helder Carvalhal, Manchester University
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| Data and Figures | 10/04/2023 08:43:AM |
Project Citation:
de Zwart, Pim, Lucassen, Jan, and Carvalhal, Helder. After da Gama: Real wages in Western India, c.1500-c.1650. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2023-10-04. https://doi.org/10.3886/E194225V1
Project Description
Summary:
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The article analyses the evolution of Indian real wages for the period
1500-1650. It argues that the Great Divergence between India and north-western
Europe was already visible by the early 1500s by making use of a new dataset of
2,710 separate observations, reflecting over 76,000 paid-out wages, for nine
locations in western India. These wages were deflated by rice prices and a
basket of goods and imply low and declining standards of living over the
sixteenth and early seventeenth centuries. In comparison with Europe, these
real wages represent comparatively low living standards, and they were not much
above those in Japan.
Funding Sources:
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Calouste Gulbenkian Foundation
Scope of Project
Geographic Coverage:
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India
Time Period(s):
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1500 – 1650 (1500-1650)
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