Wages, Inequality, and Pre-Industrial Growth in Japan, 1727–1894
It is widely recognized that in Japan before the Meiji Restoration there occurred a gradual increase in output. Examines whether or not the trend in real wages diverged from that of per capita output growth, and concludes that traditional Japan did not exhibit a drastic divergence between wage change and output growth as experienced in early modern
Western Europe. Also explores briefly the factors accounting for the differences between the two pre-modern growth processes.
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