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Japan and the great divergence, 730–1874

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Bassino, Jean-Pascal, Broadberry, Stephen, Fukao, Kyoji, Gupta, Bishnupriya and Takashima, Masanori (2019) Japan and the great divergence, 730–1874. Explorations in Economic History, 72 . pp. 1-22. doi:10.1016/j.eeh.2018.11.005

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Official URL: http://dx.doi.org/10.1016/j.eeh.2018.11.005

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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.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): Economic development -- History -- Japan, Economic development -- History -- Europe
Journal or Publication Title: Explorations in Economic History
Publisher: Elsevier
ISSN: 0014-4983
Official Date: April 2019
Dates:
DateEvent
April 2019Published
1 December 2018Available
28 November 2018Accepted
Volume: 72
Page Range: pp. 1-22
DOI: 10.1016/j.eeh.2018.11.005
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
3652Great Britain Sasakawa Foundationhttp://dx.doi.org/10.13039/501100000625
09/10-95Daiwa Anglo-Japanese Foundationhttp://dx.doi.org/10.13039/501100000594
UNSPECIFIEDNational Science Foundationhttp://dx.doi.org/10.13039/100000001
UNSPECIFIEDJapan. Monbushō [Japanese Ministry of Education]UNSPECIFIED
SSH7-CT-2008-225342Seventh Framework Programmehttp://dx.doi.org/10.13039/100011102
34-3476-00-09-781-7700National Science Foundationhttp://dx.doi.org/10.13039/100000001

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