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Economic growth in the Lower Yangzi region of China in 1911–1937: a quantitative and historical analysis

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
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/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 10 Feb 2011 09:34
URL: http://eprints.lse.ac.uk/32398/

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