History And Economics Notes > London School Of Economics And Political Science History And Economics Notes > Chinese Economic History Since 1850 Notes

Week 3 Reading Baten Et Al. Notes

This is a sample of our (approximately) 3 page long Week 3 Reading Baten Et Al. notes, which we sell as part of the Chinese Economic History Since 1850 Notes collection, a Upper 2.1 package written at London School Of Economics And Political Science in 2012 that contains (approximately) 216 pages of notes across 82 different documents.

Learn more about our Chinese Economic History Since 1850 Notes

The original file is a 'Word (Docx)' whilst this sample is a 'PDF' representation of said file. This means that the formatting here may have errors. The original document you'll receive on purchase should have more polished formatting.

Week 3 Reading Baten Et Al. Revision

The following is a plain text extract of the PDF sample above, taken from our Chinese Economic History Since 1850 Notes. This text version has had its formatting removed so pay attention to its contents alone rather than its presentation. The version you download will have its original formatting intact and so will be much prettier to look at.

EH207: Topic 3 Reading - BMMW - Evolution of Living Standards and Human Capital in China in 18th to 20th Century

Baten, Ma, Morgan and Wang - Evolution of Living Standards and Human Capital in China in 18th to 20th Century Introduction

Rapid accumulation of physical and human capital led to East Asia catch-up after WWII Lack of systematic and comparable data for China Decline in living standards and human capital after mid 19 th century o Recovery at turn of the century Data suggests that living standards were similar to backward parts of Europe in 18th and 19th century o Confirming the traditional view o Contrary to revisionism (Pomeranz 2000, Lee et al. 2002)
 Claim Asian living standards on par with Europe in 18 th century However, age heaping index (numerical abilities) data shows Chinese human capital was closer to North-Western Europe Low living standards vs. high human capital

Real Wage

GDP per capita does not capture non-market income o Important in developing economies Attempts by Allen, Bassino, Ma, Moll-Murata and van Zanden (2007) attempt to use real wage to fill data for China in 18 th and 19th centuries o Focuses on wage histories of Canton, Beijing, and lower Yangzi o Criticism: Focuses only on urban unskilled workers
 Is this representative and comparable?
 But it is probably the best we have available Divergence in living standards of workers in urban centres of China from Netherlands and England in 18th century o However, places like Milan were at a similar level to China Second divergence = Backward parts of Europe and Japan crept ahead of China and London increase it's divergence Gamble (1943) data spans entire 19th Century o Useful because it was a time of 'economic dislocation'
 E.g. Taiping Revolution

Heights

Important complementary measure of living standards (Fogel, Komlos et al.) o Capture biological component of wealth

****************************End Of Sample*****************************

Buy the full version of these notes or essay plans and more in our Chinese Economic History Since 1850 Notes.