The behavior of the peasants and their households: the logical starting point for the study of the puzzle in Chinese economic history

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Chapter 3 in China’s Long-Term Economic Development, 2018, pp 51-82 from Edward Elgar Publishing

Abstract: This chapter analyses the behavior of peasants and their households in Chinese history. It critically reviews the theory of the imbalanced ratio of population and land and discusses China’s long-term economic development from a macro perspective. The author analyses the various constraints faced by Chinese peasants and their families and uses a simple model to explain the production choice of peasant families. Evidence about the income and expenditure of representative peasant households in China’s major dynasties is then provided followed by a case study about a machine handicraft factory replaced by a Chinese traditional cotton textile handicraft workshop.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2018
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