Japan and the Great Divergence, 730-1874

Stephen Broadberry, Jean-Pascal Bassino (), Kyoji Fukao, Bishnupriya Gupta and Masanori Takashima

No _156, Oxford Economic and Social History Working Papers from University of Oxford, Department of Economics

Abstract: Abstract Japanese GDP per capita grew at an annual rate of 0.08 per cent between 730 and 1874, but the growth was episodic, with the increase in per capita income concentrated in twoperiods, 1450-1600 and after 1721, interspersed with periods of stable per capita income. There is a similarity here with the growth pattern of Britain. The first countries to achieve modern economic growth at opposite ends of Eurasia thus shared the experience of an early end to growth reversals. However, Japan started at a lower level than Britain and grew more slowly until the Meiji Restoration.

Keywords: Japan; Great Divergence; GDP per capita; growth reversals; Britain (search for similar items in EconPapers)
JEL-codes: N10 N30 N35 O10 O57 (search for similar items in EconPapers)
Date: 2017-04-24
New Economics Papers: this item is included in nep-evo, nep-gro, nep-his and nep-knm
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Related works:
Journal Article: Japan and the great divergence, 730–1874 (2019)
Working Paper: Japan and the Great Divergence, 730-1874 (2018)
Working Paper: Japan and the Great Divergence, 730-1874 (2017)
Working Paper: Japan and the Great Divergence, 730-1874 (2017)
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