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Discussion Paper Details

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Full Details

Title: China, Europe and the great Divergence: A Study in Historical National Accounting, 980-1850

Author(s): Stephen N Broadberry, Hanhui Guan and David Daokui Li

Publication Date: April 2017

Keyword(s):

Programme Area(s): Economic History

Abstract: Chinese GDP per capita fluctuated at a high level during the Northern Song and Ming dynasties before trending downwards during the Qing dynasty. China led the world in living standards during the Northern Song dynasty, but had fallen behind Italy by 1300. At this stage, it is possible that parts of China were still on a par with the richest parts of Europe, but by 1750 the gap was too large to be bridged by regional variation within China and the Great Divergence had already begun before the Industrial Revolution

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Bibliographic Reference

Broadberry, S, Guan, H and Li, D. 2017. 'China, Europe and the great Divergence: A Study in Historical National Accounting, 980-1850'. London, Centre for Economic Policy Research. http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=11972