Before the Great Divergence? Comparing the Yangzi Delta and the Netherlands at the Beginning of the Nineteenth Century

成果类型:
Article
署名作者:
Hong Kong University of Science & Technology; Utrecht University
刊物名称:
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN:
0022-0507
DOI:
10.1017/S0022050712000654
发表日期:
2012
页码:
956-989
关键词:
agricultural productivity Europe revolution GROWTH prices wages CHINA
摘要:
This article tests recent ideas about the long-term economic development of China compared with Europe on the basis of a detailed comparison of structure and level of GDP in part of the Yangzi delta and the Netherlands in the 1820s. We find that Dutch GDP per capita was almost twice as high as in the Yangzi delta. Agricultural productivity there was at about the same level as in the Netherlands (and England), but large productivity gaps existed in industry and services. We attempt to explain this concluding that differences in factor costs are probably behind disparities in labor productivity.