An Early Modern Economy in China
The Yangzi Delta in the 1820s
$120.00 (F)
Part of The Cambridge China Library
- Author: Bozhong Li, Peking University, Beijing
- Date Published: July 2021
- availability: Available
- format: Hardback
- isbn: 9781108479202
$
120.00
(F)
Hardback
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The first English translation of Li Bozhong's pioneering study An Early Modern Economy in China uses sophisticated analysis to reconstruct the GDP of the Yangzi Delta. In this innovative economic history, Li provides a basis for understanding the Delta's economy, an area of unprecedented growth in modern times. Using quantitative research Li carefully reconstructs the economies of the region, combining three methods for estimating GDP: output, income, and expenditure. The result reveals the structure and level of income and production in this highly commercialized and urbanized part of China, establishing a benchmark for future reconstructions of regional economies through GDP. This is a landmark text in the field of economic history which has had a great impact on understanding Chinese economic history in global perspective.
Read more- Makes available in English the ground-breaking work of one of China's leading economic historians
- The first attempt to apply methods of HSNA (historical system of national account) study to pre-modern Chinese GDP
- Establishes a benchmark for future reconstructions of regional economies through GDP
Reviews & endorsements
'This is a bold and important book, which aims to provide a more rigorous baseline than we have had before for thinking about the early modern Chinese economy, and about East-West comparisons. And Li Bozhong, perhaps the most important economic historian of China working today, is just the person to make such an attempt. The book's argument is provocative, and parts of it will be controversial – but it rests on deep research and sophisticated methods. It is essential reading for anyone interested in the historical development of China's economy, and will remain so for years to come.' Kenneth Pomeranz, University of Chicago
See more reviews'This is a monumental book in Chinese economic history. It is the first in-depth study of GDP in Jiangnan (the Yangzi Delta), which has been the most prosperous region in China for millennium, before the coming of the West. Readers of the book should thank the author for combing through thousands of historical documents and modern investigations to fill a gap in the study of Chinese economic history. The present is a continuity of the past. The book is must read in Chinese history. It helps the readers understand how China's miraculous growth after Deng Xiaoping's Reform and Opening up in 1978 is possible.' Justin Yifu Lin, Dean, Institute for New Structural Economics Peking University; former Chief Economist of the World Bank
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×Product details
- Date Published: July 2021
- format: Hardback
- isbn: 9781108479202
- length: 360 pages
- dimensions: 235 x 158 x 40 mm
- weight: 1.04kg
- contains: 6 maps 75 tables
- availability: Available
Table of Contents
Part I. Introduction:
1. Themes, methods, sources
2. Huating-Lou in the 1820s
Part II. Industries:
3. Agriculture
4. Industry
5. Services
Part III. Added Values:
6. Agriculture
7. Industry
8. Services
Part IV. Employment, Income and Consumption:
9. Employment
10. Income
11. Consumption
Part V. Conclusion:
12. The GDP and HDI of Huating-Lou in 1823–1829
13. The Huating-Lou economy of 1823–29 in comparative perspective
Appendices.
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