Back to the 'normal' level of human-capital driven growth? A note on early numeracy in Korea, China and Japan, 1550 - 1800
AbstractThis paper draws on a unique data set, hojok (household registers), to estimate numeracy levels in Korea, 1550-1630, and evidence on Japan and China from the early modern period until 1800. We found that a substantial share of East Asians rounded their ages to multiples of five. However, the extent of age-heaping was quite low by global standards, even considering the potential sources of upward bias inherent in the data. Therefore, the unusually high level of numeracy in East Asia in the early 21st century was already present in the early modern period. The findings imply that in the Korean case, for example, the foundations of the human-capital based catch-up growth were laid very early. More broadly, we argue that Korea, Japan, and China returned to the growth-path at different points of the 20th century, and this return was pre-determined by their early numeracy development. --
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Bibliographic InfoPaper provided by University of Tuebingen, Faculty of Economics and Social Sciences in its series University of Tuebingen Working Papers in Economics and Finance with number 52.
Date of creation: 2013
Date of revision:
Human-Capital; Development; Growth; Numeracy;
Find related papers by JEL classification:
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
- N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-03-02 (All new papers)
- NEP-HIS-2013-03-02 (Business, Economic & Financial History)
- NEP-HRM-2013-03-02 (Human Capital & Human Resource Management)
- NEP-SEA-2013-03-02 (South East Asia)
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