Collusion in the Indian Tea Industry in the Great Depression

An Analysis of Panel Data

B. Gupta

    Research output: Working paperDiscussion paperOther research output

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    Abstract

    This paper analyzes the effectiveness of the control schemes in the Indian tea industry during the Great Depression, whereby producers attempted to collude by reducing output. Analysis of data from a panel of plantations shows that collusion was effective. We suggest that the system of management of plantations by "managing agents" enhanced the degree of monopoly in the industry, thereby facilitating collusion. The social cohesiveness of expatriate business may have also contributed to the enforcement of collusion.
    Original languageEnglish
    PublisherCentER
    Volume1995-74
    Publication statusPublished - 1995

    Publication series

    NameCentER Discussion Paper
    Volume1995-74

    Fingerprint

    Industry
    Tea
    Great Depression
    Panel data
    Collusion
    Plantation
    Expatriates
    Monopoly
    Enforcement

    Cite this

    Gupta, B. (1995). Collusion in the Indian Tea Industry in the Great Depression: An Analysis of Panel Data. (CentER Discussion Paper; Vol. 1995-74). CentER.
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    Gupta, B 1995 'Collusion in the Indian Tea Industry in the Great Depression: An Analysis of Panel Data' CentER Discussion Paper, vol. 1995-74, CentER.

    Collusion in the Indian Tea Industry in the Great Depression : An Analysis of Panel Data. / Gupta, B.

    CentER, 1995. (CentER Discussion Paper; Vol. 1995-74).

    Research output: Working paperDiscussion paperOther research output

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