Economic Thinking on Chinese Agriculture
Jun Du
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Jun Du: National University of Singapore
Chapter 2 in Agricultural Transition in China, 2018, pp 27-58 from Palgrave Macmillan
Abstract:
Abstract Chapter 2 uses ‘Great Divergence’ debate and the ‘Involutionary Growth’ in pre-industrial agriculture to support the argument that China’s agricultural technology evolution was a typical case of technology choice determined by complex market institutions. Involutionary growth is an economic phenomenon shown at the end of a possible path of technical change that deviates from the standard induced technology change, where factor accumulation fails to satisfy the criteria for initiating an ideal technological transition.
Keywords: Chinese Agriculture; Involutionary Growth; Industrialisation Industrialization; Commercialisation Commercialization; Jiangnan (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-76905-9_2
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DOI: 10.1007/978-3-319-76905-9_2
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