Ma, Debin (2008) Economic growth in the Lower Yangzi region of China in 1911–1937: a quantitative and historical analysis. Journal of economic history, 68 (2). pp. 355-392. ISSN 0022-0507
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Abstract
Through a detailed reconstruction of 1933 GDP for the two provinces in China's most advanced region, the Lower Yangzi, I show that their per capita income was 55 percent higher than China's average, and they had experienced a growth and structural change between 1914–1918 and 1931–1936 comparable to contemporaneous Japan and her East Asian colonies. This article highlights the unique political institution of early-twentieth-century Shanghai as a city state, with its rule of law and secure property rights laying the foundation for economic growth in the Lower Yangzi with long-term impact throughout East Asia.
| Item Type: | Article |
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| Official URL: | http://journals.cambridge.org/action/displayJourna... |
| Additional Information: | © 2008 The Economic History Association |
| Library of Congress subject classification: | D History General and Old World > DS Asia H Social Sciences > HC Economic History and Conditions |
| Sets: | Departments > Economic History Collections > Economists Online |
| Rights: | http://www.lse.ac.uk/library/rights/LSERO.htm |
| URL: | http://eprints.lse.ac.uk/32398/ |
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