Introduction: Interpreting the Tokugawa Economy

Penelope Francks
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Penelope Francks: University of Leeds

Chapter Chapter 5 in Japan and the Great Divergence, 2016, pp 41-43 from Palgrave Macmillan

Abstract: Abstract The political economy of Japan during the Tokugawa period (1600–1867) has traditionally been portrayed as feudal and subsistence- based. However, it is now clear that this did not preclude significant ‘Smithian’ growth in agricultural and non-agricultural output and, as later chapters will suggest, the spread of the market economy and the institutions facilitating it.

Keywords: Early-modern Japanese economy; Japanese growth rates; Agricultural output in Japan (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1057/978-1-137-57673-6_5

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