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Why Maddison was Wrong

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  • Kent Deng
  • Patrick O'Brien

Abstract

Much academic debate in Western and Chinese universities has engaged in testing the hypothesis that standards of living in China did not fall behind those of the populations of the national economies of Western Europe until late in the eighteenth century Unfortunately, the data for China accessible in secondary sources do not provide historical runs of estimates either for GDP or for total population, let alone for any purchasing-power-parity rates of exchange estimates. Angus Maddison used short-cut methods to circumvent these difficulties, but a platoon of distinguished economists have found his methods and estimates to be conceptually and statistically unacceptable as historical evidence. The data currently available for China are and may well remain too fragmentary, ambiguous and insecure to sustain a Kuznetsian perception for investigation into the historical origins of the Great Divergence.

Suggested Citation

  • Kent Deng & Patrick O'Brien, 2017. "Why Maddison was Wrong," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 18(2), pages 21-42, April.
  • Handle: RePEc:wej:wldecn:665
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    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=665
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