التفاصيل البيبلوغرافية
| العنوان: |
A Comparison of Market Integration in Nineteenth-Century China and Japan. |
| المؤلفون: |
Yao, Ke1 yaokekk@aliyun.com, Zheng, Xiao‐Ping2 |
| المصدر: |
Australian Economic History Review. Nov2016, Vol. 56 Issue 3, p246-271. 26p. 3 Charts, 6 Graphs, 1 Map. |
| مصطلحات موضوعية: |
*INDUSTRIALIZATION, *ECONOMIC development, *PRICES, RICE, 19TH century Chinese history, 19TH century Japanese history |
| مصطلحات جغرافية: |
JAPAN |
| مستخلص: |
This paper performs a cointegration analysis using an Error Correction Model (ECM) on annual rice prices to measure and compare market integration in China and Japan during the nineteenth century. We find markets in Japan were more integrated than in China at both the regional and national levels during the period. Moreover, market integration in Japan improved during industrialisation. These findings support the view that a well-integrated market is a cause as well as a result of economic growth. [ABSTRACT FROM AUTHOR] |
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| قاعدة البيانات: |
Business Source Index |
