作者：State University System of Florida; University of Florida
作者：University of London; London School Economics & Political Science
作者：University of California System; University of California Santa Barbara
作者：University of London; London School Economics & Political Science
摘要：Through a detailed reconstruction of 1933 GDP for the two provinces in China's most advanced region, the Lower Yangzi, I show that their per capita income was 55 percent higher than China's average, and they had experienced a growth and structural change between 1914-1918 and 1931-1936 comparable to contemporaneous Japan and her East Asian colonies. This article highlights the unique political institution of early-twentieth-century Shanghai as a city state, with its rule of law and secure prop...
作者：Santa Clara University; National Bureau of Economic Research; Claremont Colleges; Claremont Graduate University; Claremont McKenna College
作者：California State University System; California State University Sacramento
摘要：New England experienced a significant economic transformation after the Revolutionary War. Despite an extensive literature on American development, little is known about the precise role of banks in this process. This article exploits a detailed dataset from Plymouth County, Massachusetts to show that the first bank during its early stage was far more selective in lending than the pre-existing personal credit market. Thus the mere introduction of a single bank did not broaden access to credit....
