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Economic Growth in the Lower Yangzi Region of China in 1911?1937: A Quantitative and Historical Analysis

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Author Info
MA, DEBIN
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 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.

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Publisher Info
Article provided by Cambridge University Press in its journal The Journal of Economic History.

Volume (Year): 68 (2008)
Issue (Month): 02 (June)
Pages: 355-392
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Handle: RePEc:cup:jechis:v:68:y:2008:i:02:p:355-392_00

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  1. Kyoji Fukao & Harry X. Wu & Tangjun Yuan, 2008. "Comparative Output and Labour Productivity in Manufacturing for China, Japan, Korea and the United States in Circa 1935 by a Production PPP Approach," Global COE Hi-Stat Discussion Paper Series gd08-018, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
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This page was last updated on 2009-12-1.


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