Journal article
Japan and the Great Divergence, 730-1874
- Abstract:
- Despite being the first Asian economy to achieve modern economic growth, Japan has received relatively little attention in the Great Divergence debate. New estimates suggest that although the level of GDP per capita remained below the level of northwest Europe throughout the period 730-1874, Japan experienced positive trend growth before 1868, in contrast to the negative trend growth experienced in China and India, leading to a Little Divergence within Asia. However, growth in Japan remained slower than in northwest Europe so that Japan continued to fall behind until after the institutional reforms of the early Meiji period. The Great Divergence thus occurred as the most dynamic part of Asia fell behind the most dynamic part of Europe.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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- Files:
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(Preview, Accepted manuscript, pdf, 744.3KB, Terms of use)
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- Publisher copy:
- 10.1016/j.eeh.2018.11.005
Authors
- Publisher:
- Elsevier
- Journal:
- Explorations in Economic History More from this journal
- Volume:
- 72
- Pages:
- 1-22
- Publication date:
- 2018-12-01
- Acceptance date:
- 2018-11-28
- DOI:
- ISSN:
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0014-4983
- Language:
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English
- Keywords:
- Pubs id:
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pubs:948282
- UUID:
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uuid:24f1d1f1-4a8b-4daf-b362-f81159d4cab4
- Local pid:
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pubs:948282
- Source identifiers:
-
948282
- Deposit date:
-
2018-11-29
Terms of use
- Copyright holder:
- Elsevier Inc
- Copyright date:
- 2018
- Rights statement:
- © 2018 Elsevier Inc.
- Notes:
- This is the accepted manuscript version of the article. The final version is available from Elsevier at: https://doi.org/10.1016/j.eeh.2018.11.005
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