a long-run comparison Keller, Wolfgang, 1964- Edwards, Sebastian, 1953- National Bureau of Economic Research. text bibliography text mau 2004 monographic Cambridge, MA National Bureau of Economic Research c2004 eng

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"How much of China's recent economic performance can be attributed to market-oriented reforms introduced in the last two decades? A long-run perspective may be important for understanding the process of economic development occurring today. This paper compares the integration of rice markets in China today and 270 years ago. In the 18th century, transport technology was non-mechanized, but markets were close to being free markets. We distinguish local harvest and weather from aggregate sources of price variation in a historical sample and in a similarly constructed contemporary sample. Findings indicate the degree of market integration in the 1720s is a very good predictor of per capita income in the 1990s. Moreover, the current pattern of interregional income in China is strongly linked to persistent geographic factors that were already apparent several centuries ago, well before the enactment of modern reform programs"--National Bureau of Economic Research web site. Wolfgang Keller, Carol H. Shiue. Title from PDF file as viewed on 1/26/2005. Includes bibliographical references. Also available in print. Mode of access: World Wide Web. System requirements: Adobe Acrobat Reader. cc----- Rice trade China History HB1 https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005616075 http://papers.nber.org/papers/W10300 working paper no. 10300 2005616075 aacr DLC 050126 20250606214018.5 13850727 Converted from MARCXML to MODS version 3.8 using MARC21slim2MODS3-8_XSLT1-0.xsl (Revision 1.172 20230208)