Wages, prices, and living standards in China, 1738-1925: in comparison with Europe, Japan, and India

Robert Allen, Jean-Pascal Bassino (), Debin Ma, Christine Moll-Murata and Jan Luiten van Zanden

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This article develops data on the history of wages and prices in Beijing, Canton, and Suzhou/Shanghai in China from the eighteenth century to the twentieth, and compares them with leading cities in Europe, Japan, and India in terms of nominal wages, the cost of living, and the standard of living. In the eighteenth century, the real income of building workers in Asia was similar to that of workers in the backward parts of Europe but far behind that in the leading economies in north-western Europe. Real wages stagnated in China in the eighteenth and early nineteenth centuries and rose slowly in the late nineteenth and early twentieth, with little cumulative change for 200 years. The income disparities of the early twentieth century were due to long-run stagnation in China combined with industrialization in Japan and Europe.

JEL-codes: N0 (search for similar items in EconPapers)
Date: 2011-02
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Citations: View citations in EconPapers (63)

Published in Economic History Review, February, 2011, 64(s1), pp. 8-38. ISSN: 0013-0117

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Related works:
Journal Article: Wages, prices, and living standards in China, 1738–1925: in comparison with Europe, Japan, and India (2011)
Journal Article: Wages, prices, and living standards in China, 1738–1925: in comparison with Europe, Japan, and India (2011)
Working Paper: Wages, prices, and living standards in China, 1738-1925: in comparison with Europe, Japan, and India (2011)
Working Paper: Wages, prices, and living standards in China, 1738-1925: in comparison with Europe, Japan and India (2009)
Working Paper: Wages, prices, and living standards in China, 1738-1925: in comparison with Europe, Japan, and India (2009)
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