Japan and the Great Divergence, 730-1874

42 Pages Posted: 25 Apr 2017

See all articles by Jean-Pascal Bassino

Jean-Pascal Bassino

Ecole Normale Supérieure (ENS) de Lyon; Lyons Institute of East Asian Studies

Stephen N. Broadberry

London School of Economics & Political Science (LSE)

Kyoji Fukao

Hitotsubashi University - Institute of Economic Research

Bishnupriya Gupta

University of Warwick - Department of Economics

Masanori Takashima

Hitotsubashi University

Date Written: April 2017

Abstract

Japanese GDP per capita grew at an annual rate of 0.08 per cent between 730 and 1874, but the growth was episodic, with the increase in per capita income concentrated in two periods, 1450-1600 and after 1721, interspersed with periods of stable per capita income. There is a similarity here with the growth pattern of Britain. The first countries to achieve modern economic growth at opposite ends of Eurasia thus shared the experience of an early end to growth reversals. However, Japan started at a lower level than Britain and grew more slowly until the Meiji Restoration.

Suggested Citation

Bassino, Jean-Pascal and Broadberry, Stephen N. and Fukao, Kyoji and Gupta, Bishnupriya and Takashima, Masanori, Japan and the Great Divergence, 730-1874 (April 2017). CEPR Discussion Paper No. DP11971, Available at SSRN: https://ssrn.com/abstract=2957510

Jean-Pascal Bassino (Contact Author)

Ecole Normale Supérieure (ENS) de Lyon ( email )

15, parvis Rene Descartes BP 7000
Lyon Cedex 07, 69342
France

Lyons Institute of East Asian Studies ( email )

15 Parvis René Descartes, BP 7000
Lyon, Cedex 69342
France

Stephen N. Broadberry

London School of Economics & Political Science (LSE) ( email )

+44 0 24 7652 3446 (Phone)
+44 0 24 7652 3032 (Fax)

Kyoji Fukao

Hitotsubashi University - Institute of Economic Research ( email )

2-1 Naka Kunitachi-shi
Tokyo 186-8306
Japan

Bishnupriya Gupta

University of Warwick - Department of Economics ( email )

Coventry CV4 7AL
United Kingdom

Masanori Takashima

Hitotsubashi University ( email )

2-1 Naka Kunitachi-shi
Tokyo 186-8601
Japan

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