Wages, prices, and living standards in China, 1738-1925: in comparison with Europe, Japan, and India
This article develops data on the history of wages and prices in Beijing, Canton, and Suzhou/Shanghai in China from the eighteenth century to the twentieth, and compares them with leading cities in Europe, Japan, and India in terms of nominal wages, the cost of living, and the standard of living. In the eighteenth century, the real income of building workers in Asia was similar to that of workers in the backward parts of Europe but far behind that in the leading economies in north-western Europe. Real wages stagnated in China in the eighteenth and early nineteenth centuries and rose slowly in the late nineteenth and early twentieth, with little cumulative change for 200 years. The income disparities of the early twentieth century were due to long-run stagnation in China combined with industrialization in Japan and Europe.
|Date of creation:||Feb 2011|
|Publication status:||Published in Economic History Review, February, 2011, 64(s1), pp. 8-38. ISSN: 1468-0289|
|Contact details of provider:|| Postal: LSE Library Portugal Street London, WC2A 2HD, U.K.|
Phone: +44 (020) 7405 7686
Web page: http://www.lse.ac.uk/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Feuerwerker, Albert, 1970. "Handicraft and Manufactured Cotton Textiles in China, 1871–1910," The Journal of Economic History, Cambridge University Press, vol. 30(02), pages 338-378, June.
- Li, Lillian M., 2000. "Integration and Disintegration in North China's Grain Markets, 1738–1911," The Journal of Economic History, Cambridge University Press, vol. 60(03), pages 665-699, September.
- Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
- Van Zanden, Jan Luiten, 2009. "The skill premium and the ‘Great Divergence’," European Review of Economic History, Cambridge University Press, vol. 13(01), pages 121-153, April.
- van Zanden, Jan L., 1999. "Wages and the standard of living in Europe, 1500 1800," European Review of Economic History, Cambridge University Press, vol. 3(02), pages 175-197, August.
- zmucur, S leyman & Pamuk, Sevket, 2002. "Real Wages And Standards Of Living In The Ottoman Empire, 1489 1914," The Journal of Economic History, Cambridge University Press, vol. 62(02), pages 293-321, June.
- "Bassino, Jean‐Pascal" & "Ma, Debin" & "Saito, Osamu", 2005. "Levels of Real Wages in Historic China, Japan and Southern Europe, 1700-1920―A Review of Evidence―," Economic Review, Hitotsubashi University, vol. 56(4), pages 348-369, January.
When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:32403. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (LSERO Manager)
If references are entirely missing, you can add them using this form.