Imposed Efficiency of Treaty Port: Japanese Industrialization and Western Imperialist Institutions
An intrinsic feature of a pre-modern society is in its fragmentary markets. Fragmentary markets are more likely to fail in the coordination of resource allocation. However, if a concentrated market is exogenously formed and the market could provide the only price to local markets, the market can work as a pivot of coordination for development. Treaty port markets imposed on nineteenth-century Japan worked as the pivot and ignited Japan's industrialization. We examine the silk-reeling industry, which was the major export industry and which led to Japanese industrialization, and the role of treaty ports in its development.
|Date of creation:||01 Nov 2008|
|Date of revision:||07 Dec 2013|
|Publication status:||Published in the Review of Development Economics, 18(2), May 2014, 254-271.|
|Note:||Data are included.|
|Contact details of provider:|| Postal: |
Phone: (03)3812-2111 ext 4904
Web page: http://www.iss.u-tokyo.ac.jp/publishments/dpf/
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.:
- Sussman, Nathan & Yafeh, Yishay, 2000. "Institutions, Reforms, and Country Risk: Lessons from Japanese Government Debt in the Meiji Era," The Journal of Economic History, Cambridge University Press, vol. 60(02), pages 442-467, June.
- Chernyshoff, Natasha & Jacks, David S. & Taylor, Alan M., 2006.
"Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard, 1870-1939,"
CEPR Discussion Papers
5430, C.E.P.R. Discussion Papers.
- Alan M. Taylor & Natalia Chernyshoff & David Jacks, 2005. "Stuck on Gold:Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard, 1870–1939," Working Papers 67, University of California, Davis, Department of Economics.
- Paolo Mauro & Nathan Sussman & Yishay Yafeh, 2002.
"Emerging Market Spreads: Then Versus Now,"
The Quarterly Journal of Economics,
MIT Press, vol. 117(2), pages 695-733, May.
- Yishay Yafeh & Paolo Mauro & Nathan Sussman, 2000. "Emerging Market Spreads; Then Versus Now," IMF Working Papers 00/190, International Monetary Fund.
- Paolo Mauro & Yishay Yafeh & Nathan Sussman, 2001. "Emerging Market Spreads: Then Versus Now," OFRC Working Papers Series 2001fe03, Oxford Financial Research Centre.
- Paolo Mauro, 2000. "Emerging Market Spreads: Then Versus Now," Economics Series Working Papers 2001-FE-03, University of Oxford, Department of Economics.
- Meissner, Christopher M., 2005. "A new world order: explaining the international diffusion of the gold standard, 1870-1913," Journal of International Economics, Elsevier, vol. 66(2), pages 385-406, July.
- J. Ernesto L�pez-C�rdova and Chris Meissner., 2000.
"Exchange-Rate Regimes and International Trade: Evidence from the Classical Gold Standard Era,"
Center for International and Development Economics Research (CIDER) Working Papers
C00-118, University of California at Berkeley.
- Christopher M. Meissner, 2003. "Exchange-Rate Regimes and International Trade: Evidence from the Classical Gold Standard Era," American Economic Review, American Economic Association, vol. 93(1), pages 344-353, March.
- Lopez-Cordova, J. Ernesto & Meissner, Chris, 2000. "Exchange-Rate Regimes and International Trade: Evidence from the Classical Gold Standard Era," Center for International and Development Economics Research, Working Paper Series qt1b04r034, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Kris James Mitchener & Marc D. Weidenmier, 2004. "Empire, Public Goods, and the Roosevelt Corollary," NBER Working Papers 10729, National Bureau of Economic Research, Inc.
- repec:cup:cbooks:9780521105262 is not listed on IDEAS
- Douglass C. North, 2005.
"Introduction to Understanding the Process of Economic Change
[Understanding the Process of Economic Change]," Introductory Chapters, Princeton University Press.
- Broadberry, S N, 1994.
"Technological Leadership and Productivity Leadership in Manufacturing since the Industrial Revolution: Implications for the Convergence Debate,"
Royal Economic Society, vol. 104(423), pages 291-302, March.
- Broadberry, S., 1993. "Technological Leadership and Productivity Leadership in Manufacturing Since the Industrial Revolution: Implications for the Convergence Debate," The Warwick Economics Research Paper Series (TWERPS) 414, University of Warwick, Department of Economics.
- Daniel M. Bernhofen & John C. Brown, 2004. "A Direct Test of the Theory of Comparative Advantage: The Case of Japan," Journal of Political Economy, University of Chicago Press, vol. 112(1), pages 48-67, February.
When requesting a correction, please mention this item's handle: RePEc:itk:issdps:f142. 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: ()
If references are entirely missing, you can add them using this form.