Chinese National Income, ca. 1661–1933
Национальный доход Китая, ок. 1661–1933 гг.
2016-12-28
SCID: 54.1/kcqt46ju
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China, 1661–1933Chinese national incomeEconomic convergence and divergenceGlobal economic historyPer capita GDP
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Abstract (AI)
In recent decades, national income has become increasingly important as a measure of a nation's economic health. In this study, we used a wide array of primary and secondary sources to arrive at values of the Chinese per capita gross domestic product during the period of 1661–1933. We found a persistent decline in the per capita gross domestic product between the seventeenth and nineteenth centuries, followed by a period of stagnation. This pattern, which shows up in many Asian countries, with the exception of Japan, provides a basis for improving our understanding of the patterns of global economic convergence and divergence.
Key Findings
1
A similar decline-and-stagnation pattern appears across many Asian countries, except Japan.
2
After the nineteenth-century decline, Chinese per capita GDP entered a period of stagnation.
3
Chinese per capita GDP persistently declined between the seventeenth and nineteenth centuries.
4
The study estimates Chinese per capita gross domestic product from 1661 to 1933 using a wide range of primary and secondary sources.
5
These historical income patterns provide evidence for understanding global economic convergence and divergence.
Research Object
Chinese per capita gross domestic product, ca. 1661–1933
Research Subject
The long-term changes and historical pattern of Chinese per capita GDP, including its decline from the seventeenth to nineteenth centuries and subsequent stagnation
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2016-12-28
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