IDEAS home Printed from https://ideas.repec.org/p/tky/fseres/2023cf1221.html
   My bibliography  Save this paper

The Marriage of Politics and Economy: Elite Fusion in the Age of Modernization

Author

Listed:
  • Tomoko Matsumoto

    (Institute of Arts and Sciences, Tokyo University of Science)

  • Tetsuji Okazaki

    (Faculty of Economics, The University of Tokyo)

Abstract

Modern state-building brings profound political and economic transformations, challenging established elites and opening doors for emerging ones. While previous empirical studies have explored feudal elites’ persistence and emerging elites’ struggles, limited research has examined how emerging elites integrate into existing elite networks. This study investigates the responses of old and new elites during modernization. By constructing a unique dataset detailing kinship connections among Japanese elites in 1902, 1914, and 1927, we revealed shifts in elite kinship networks and their influence on controlling political and economic resources. The findings indicate that modernization transformed the Japanese elite community, with many commoners becoming elite by 1902. Nonetheless, these new elites often found themselves isolated within that community as they lacked kinship ties with other elites. Conversely, peerage political elites already held centrality in the elite kinship network in 1902, and their influence continued to grow over time. However, by 1927, the new economic elites, initially without kinship networks, had managed to establish connections within the elite community, leading to the emergence of an expanded and hierarchical elite community, blending the old and new elites, in which an individual’s centrality in the network became closely linked to his/her political or economic position.

Suggested Citation

  • Tomoko Matsumoto & Tetsuji Okazaki, 2023. "The Marriage of Politics and Economy: Elite Fusion in the Age of Modernization," CIRJE F-Series CIRJE-F-1221, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:fseres:2023cf1221
    as

    Download full text from publisher

    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2023/2023cf1221.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mikael Lindahl & Mårten Palme & Sofia Sandgren Massih & Anna Sjögren, 2015. "Long-Term Intergenerational Persistence of Human Capital: An Empirical Analysis of Four Generations," Journal of Human Resources, University of Wisconsin Press, vol. 50(1), pages 1-33.
    2. Guglielmo Barone & Sauro Mocetti, 2021. "Intergenerational Mobility in the Very Long Run: Florence 1427–2011 [Intergenerational Economic Mobility in the United States, 1940 to 2000]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(4), pages 1863-1891.
    3. Milan W. Svolik, 2009. "Power Sharing and Leadership Dynamics in Authoritarian Regimes," American Journal of Political Science, John Wiley & Sons, vol. 53(2), pages 477-494, April.
    4. Jason Long & Joseph Ferrie, 2013. "Intergenerational Occupational Mobility in Great Britain and the United States since 1850: Reply," American Economic Review, American Economic Association, vol. 103(5), pages 2041-2049, August.
    5. Joseph Wright, 2008. "Do Authoritarian Institutions Constrain? How Legislatures Affect Economic Growth and Investment," American Journal of Political Science, John Wiley & Sons, vol. 52(2), pages 322-343, April.
    6. Botticini, Maristella, 1999. "A Loveless Economy? Intergenerational Altruism and the Marriage Market in a Tuscan Town, 1415–1436," The Journal of Economic History, Cambridge University Press, vol. 59(1), pages 104-121, March.
    7. Jason Long & Joseph Ferrie, 2013. "Intergenerational Occupational Mobility in Great Britain and the United States since 1850," American Economic Review, American Economic Association, vol. 103(4), pages 1109-1137, June.
    8. Solon, Gary, 1992. "Intergenerational Income Mobility in the United States," American Economic Review, American Economic Association, vol. 82(3), pages 393-408, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joseph Ferrie & Catherine Massey & Jonathan Rothbaum, 2016. "Do Grandparents and Great-Grandparents Matter? Multigenerational Mobility in the US, 1910-2013," NBER Working Papers 22635, National Bureau of Economic Research, Inc.
    2. Giacomin Favre & Joël Floris & Ulrich Woitek, 2018. "Intergenerational mobility in the 19th century: micro-level evidence from the city of Zurich," ECON - Working Papers 274, Department of Economics - University of Zurich.
    3. Adrian Adermon & Mikael Lindahl & Mårten Palme, 2021. "Dynastic Human Capital, Inequality, and Intergenerational Mobility," American Economic Review, American Economic Association, vol. 111(5), pages 1523-1548, May.
    4. Shiue, Carol, 2019. "Social Mobility in the Long Run: A Temporal Analysis of China from 1300 to 1900," CEPR Discussion Papers 13589, C.E.P.R. Discussion Papers.
    5. Barbara Castillo Rico, 2020. "Trends in intergenerational homeownership mobility in France between 1960-2015," AMSE Working Papers 2008, Aix-Marseille School of Economics, France.
    6. Krzysztof Karbownik & Anthony Wray, 2019. "Educational, Labor-market and Intergenerational Consequences of Poor Childhood Health," NBER Working Papers 26368, National Bureau of Economic Research, Inc.
    7. Maystadt, Jean-François & Migali, Giuseppe, 2021. "The transmission of health across 7 generations in China, 1789–1906," Journal of Health Economics, Elsevier, vol. 79(C).
    8. Michele Bavaro & Federico Tullio, 2023. "Intergenerational mobility measurement with latent transition matrices," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 21(1), pages 25-45, March.
    9. Jørgen Modalsli, 2017. "Intergenerational Mobility in Norway, 1865–2011," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(1), pages 34-71, January.
    10. Salvatore Lo Bello & Iacopo Morchio, 2022. "Like father, like son: Occupational choice, intergenerational persistence and misallocation," Quantitative Economics, Econometric Society, vol. 13(2), pages 629-679, May.
    11. Bertrand Garbinti & Frédérique Savignac, 2020. "Accounting for Intergenerational Wealth Mobility in France over the 20th Century: Method and Estimations," Working papers 776, Banque de France.
    12. Jonathan Davis & Bhashkar Mazumder, 2017. "The Decline in Intergenerational Mobility After 1980," Working Paper Series WP-2017-5, Federal Reserve Bank of Chicago, revised 14 Jan 2022.
    13. Xu Sun & Xiaolu Lei & Baisen Liu, 2021. "Mobility Divergence in China? Complete Comparisons of Social Class Mobility and Income Mobility," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(2), pages 687-709, January.
    14. Chu, Luke Yu-Wei & Lin, Ming-Jen, 2016. "Economic development and intergenerational earnings mobility: Evidence from Taiwan," Working Paper Series 19495, Victoria University of Wellington, School of Economics and Finance.
    15. Markus Jäntti & Stephen P. Jenkins, 2013. "Income Mobility," SOEPpapers on Multidisciplinary Panel Data Research 607, DIW Berlin, The German Socio-Economic Panel (SOEP).
    16. Reynal-Querol, Marta & García-Montalvo, José, 2020. "Colonization, Early Settlers and Development: The Case of Latin America," CEPR Discussion Papers 15020, C.E.P.R. Discussion Papers.
    17. Liu, Ling & Wan, Qian, 2017. "The Effect of Education Expansion on Intergenerational Mobility of Education: Evidence from China," MPRA Paper 80616, University Library of Munich, Germany.
    18. Yang, Xiaoliang & Zhou, Peng, 2022. "Wealth inequality and social mobility: A simulation-based modelling approach," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 307-329.
    19. Anqi Yu & Guankun Liu & Yuning Gao, 2022. "Intergenerational Occupational Mobility, Labor Migration and Sustained Demographic Dividends," Sustainability, MDPI, vol. 14(5), pages 1-21, March.
    20. Berger, Thor & Engzell, Per & Eriksson, Björn & Molinder, Jakob, 2023. "Social Mobility in Sweden before the Welfare State," The Journal of Economic History, Cambridge University Press, vol. 83(2), pages 431-463, June.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tky:fseres:2023cf1221. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CIRJE administrative office (email available below). General contact details of provider: https://edirc.repec.org/data/ritokjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.