The Micro-Economics of Peasant Economy, China 1920-1940: 1st Edition (Hardback) book cover

The Micro-Economics of Peasant Economy, China 1920-1940

1st Edition

By Thomas B. Wiens


528 pages

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The objectives of this study, first published in 1982, are to elaborate a micro-economic model which adequately explains the interrelationships among economic forces determining the distribution of income in a peasant economy in the early stages of transition to industrialization. It also examines the development of the ‘dual economy’, an economy composed of a large peasant agricultural sector with its ancillary handicraft sector, both traditional in techniques and institutions, and a small but growing modern industrial sector.

Table of Contents

1. Introduction 2. A Theory of Distribution in the Agrarian Sector 3. The Land Market in Prewar China 4. The Loan Market in Prewar China 5. The Labor Market in Prewar China 6. The Agricultural Production Function and Factor Productivity in Prewar Chinese Agriculture 7. An Activity Analysis Approach to Productivity Measurement: Mi-Ch’ang Village Sample

About the Author

Thomas B. Wiens

About the Series

Routledge Library Editions: Business and Economics in Asia

This set examines a vast range of topics covering all experiences of business and economics from across Asia. Dealing with early banking systems in China; the industrialisation of Korea and Taiwan; the evolution of Japanese business practices; economic development; protectionist policies; industrial investment; trade; tourism; and a host of other topics, the books collected here form a vital reference resource across a wide subject area.

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Subject Categories

BISAC Subject Codes/Headings:
SOCIAL SCIENCE / Regional Studies