Imperial policy or world price shocks? Explaining interwar Korean consumption trend

成果类型:
Article
署名作者:
Yeungnam University
刊物名称:
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN:
0022-0507
DOI:
10.1017/S0022050700021148
发表日期:
1998
页码:
731-754
关键词:
japanese rule rice
摘要:
Japan vigorously enforced wide-ranging developmental policies in colonial Korea, including a green revolution and an industrialization drive. Why did then colonial per capita food availability decline? Simulations using a dynamic general equilibrium model indicate that tax raises, which financed expanding public investment, did not lower, but raised consumption levels over time by accelerating accumulation. Food consumption fell because these policy efforts were inadequate to defeat population explosion initiated by a health campaign. The interwar agricultural depression exacerbated this Malthusian situation. Nevertheless, interwar Korean consumption trend compares favorably with most other rice producers, where the level of government intervention appeared suboptimal.