MONEY, PRICES, AND ECONOMIC-DEVELOPMENT IN INDIA, 1861-1895

被引：6

作者：

ADAMS, J ^{[1
]}

WEST, RC ^{[1
]}

机构：

[1] DRAKE UNIV, DES MOINES, IA 50311 USA

来源：

JOURNAL OF ECONOMIC HISTORY | 1979年 / 39卷 / 01期

关键词：

D O I：

10.1017/S0022050700096297

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In the late nineteenth century, when most of the world was on a gold standard, India was on a silver standard. Silver was used for coins, held in hoards, and worn as jewelry. Regression analysis confirms” a positive relationship between prices and the money supply, and inverse relationships between prices and rainfall and prices and the combined influences of railroads and commercialization. The influx of silver was not correlated with the money supply, apparently because hoarding and dis-hoafding by peasants and others caused the amount of money in active circulation to vary. © 1979, The Economic History Association. All rights reserved.

引用

页码：55 / 68

页数：14