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The behavior of the peasants and their households: the logical starting point for the study of the puzzle in Chinese economic history

In: China’s Long-Term Economic Development

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Abstract

This chapter analyses the behavior of peasants and their households in Chinese history. It critically reviews the theory of the imbalanced ratio of population and land and discusses China’s long-term economic development from a macro perspective. The author analyses the various constraints faced by Chinese peasants and their families and uses a simple model to explain the production choice of peasant families. Evidence about the income and expenditure of representative peasant households in China’s major dynasties is then provided followed by a case study about a machine handicraft factory replaced by a Chinese traditional cotton textile handicraft workshop.

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  • ., 2018. "The behavior of the peasants and their households: the logical starting point for the study of the puzzle in Chinese economic history," Chapters, in: China’s Long-Term Economic Development, chapter 3, pages 51-82, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16427_3
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    Keywords

    Economics and Finance;

    Statistics

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