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Historical sources of institutional trajectories in economic development: China, Japan and Korea compared

In: Comparative Institutional Analysis

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  • Masahiko Aoki

Abstract

This volume collects 22 articles by Masahiko Aoki, selected from writings published over the course of his 45-year academic career. These fascinating essays cover a range of issues, including mechanism design, comparative governance, corporate governance, institutions and institutional change, but are tied together by a focus on East Asia and a comparative institutional framework.

Suggested Citation

  • Masahiko Aoki, 2013. "Historical sources of institutional trajectories in economic development: China, Japan and Korea compared," Chapters, in: Comparative Institutional Analysis, chapter 22, pages 439-469, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15474_22
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    References listed on IDEAS

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    1. Aoki, Masahiko, 2010. "Corporations in Evolving Diversity: Cognition, Governance, and Institutions," OUP Catalogue, Oxford University Press, number 9780199218530.
    2. Gary D. Hansen & Edward C. Prescott, 2002. "Malthus to Solow," American Economic Review, American Economic Association, vol. 92(4), pages 1205-1217, September.
    3. Franklin Allen & Masahiko Aoki & Jean-Paul Fitoussi & Nobuhiro Kiyotaki & Roger Gordon & Joseph E. S (ed.), 2012. "The Global Macro Economy and Finance," International Economic Association Series, Palgrave Macmillan, number 978-1-137-03425-0, December.
    4. Oded Galor, 2011. "Unified Growth Theory and Comparative Development," Rivista di Politica Economica, SIPI Spa, issue 2, pages 9-21, April-Jun.
    5. Allen,Robert C., 2009. "The British Industrial Revolution in Global Perspective," Cambridge Books, Cambridge University Press, number 9780521868273.
    6. Masahiko Aoki, 2011. "The Five-Phases of Economic Development and Institutional Evolution in China and Japan," Development Economics Working Papers 23196, East Asian Bureau of Economic Research.
    7. Carsten Herrmann-Pillath, 2009. "Social capital, Chinese style: individualism, relational collectivism and the cultural embeddedness of the institutions–performance link," China Economic Journal, Taylor & Francis Journals, vol. 2(3), pages 325-350.
    8. Cha, Myung Soo & Kim, Nak Nyeon, 2012. "Korea's first industrial revolution, 1911–1940," Explorations in Economic History, Elsevier, vol. 49(1), pages 60-74.
    9. Ho, Jun Seong & Lewis, James B. & Han-Rog, Kang, 2008. "Korean Expansion and Decline from the Seventeenth to the Nineteenth Century: A View Suggested by Adam Smith," The Journal of Economic History, Cambridge University Press, vol. 68(1), pages 244-282, March.
    10. Jiahua Che & Yingyi Qian, 1998. "Insecure Property Rights and Government Ownership of Firms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(2), pages 467-496.
    11. Masahiko Aoki & Geoffrey Rothwell, 2013. "A comparative institutional analysis of the Fukushima nuclear disaster: Lessons and policy implications," Chapters, in: Comparative Institutional Analysis, chapter 8, pages 105-132, Edward Elgar Publishing.
    12. Fumio Hayashi & Edward C. Prescott, 2008. "The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy," Journal of Political Economy, University of Chicago Press, vol. 116(4), pages 573-632, August.
    13. Masahiko Aoki, 2013. "Institutions as cognitive media between strategic interactions and individual beliefs," Chapters, in: Comparative Institutional Analysis, chapter 17, pages 298-312, Edward Elgar Publishing.
    14. Monderer, Dov & Shapley, Lloyd S., 1996. "Potential Games," Games and Economic Behavior, Elsevier, vol. 14(1), pages 124-143, May.
    15. Debin Ma, 2012. "Political Institutions and Long-run Economic Trajectory: Some Lessons from Two Millennia of Chinese Civilization," International Economic Association Series, in: Masahiko Aoki & Timur Kuran & Gérard Roland (ed.), Institutions and Comparative Economic Development, chapter 4, pages 78-98, Palgrave Macmillan.
    16. Young-hoon Rhee & Donghyu Yang, 2010. "Korean Nobi and American Black Slavery: An Essay in Comparison," Millennial Asia, , vol. 1(1), pages 5-39, January.
    17. Masahiko Aoki, 2013. "Comparative Institutional Analysis," Books, Edward Elgar Publishing, number 15474.
    18. Oded Galor, 2011. "Unified Growth Theory," Economics Books, Princeton University Press, edition 1, number 9477.
    19. Zelin, Madeleine, 2009. "The firm in early Modern China," Journal of Economic Behavior & Organization, Elsevier, vol. 71(3), pages 623-637, September.
    20. Rosenthal, Jean-Laurent & Wong, R. Bin, 2011. "Before and Beyond Divergence: The Politics of Economic Change in China and Europe," Economics Books, Harvard University Press, number 9780674057913, Spring.
    21. Ma, Debin, 2012. "Political Institution and Long Run Economic Trajectory: Some Lessons from Two Millennia of Chinese Civilization," CEPR Discussion Papers 8791, C.E.P.R. Discussion Papers.
    22. Domenico Gatti & Mauro Gallegati & Bruce C. Greenwald & Alberto Russo & Joseph E. Stiglitz, 2012. "Sectoral Imbalances and Long-run Crises," International Economic Association Series, in: Franklin Allen & Masahiko Aoki & Jean-Paul Fitoussi & Nobuhiro Kiyotaki & Roger Gordon & Joseph E. S (ed.), The Global Macro Economy and Finance, chapter 4, pages 61-97, Palgrave Macmillan.
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    Cited by:

    1. Andrea Fracasso, 2015. "Economic Rebalancing and Growth: the Japanese experience and China’s prospects," DEM Discussion Papers 2015/07, Department of Economics and Management.
    2. Felipe, Jesus & Bayudan-Dacuycuy, Connie & Lanzafame, Matteo, 2016. "The declining share of agricultural employment in China: How fast?," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 127-137.

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    More about this item

    Keywords

    Asian Studies; Economics and Finance;

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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