This paper studies the causes and consequences of political centralization and fragmentation in China and Europe. We argue that a severe and unidirectional threat of external invasion fostered centralization in China while Europe faced a wider variety of smaller external threats and remained...

Chinese investors are now the largest number of foreign investors in US residential and commercial real estate. Many buy in upscale, exclusive markets. It is little known, however, that in the past Chinese faced severe property discrimination in the US. This paper traces three eras of Chinese...

We provide a new framework to account for the diverging paths of political development and state building in China and Japan during the second half of the nineteenth century. The arrival of Western powers not only brought opportunities to adopt new technologies, but also fundamentally threatened...

This study attempts a first causal examination of the role of state capacity in China's economic performance. Effective state capacity connotes not just ability to extract tax from citizens but also the ability to convert taxes into public investment. Equally importantly, these capacities must...

This paper draws on a unique data set, hojok (household registers), to estimate numeracy levels in Korea, 1550–1630, and evidence on Japan and China from the early modern period until 1800. We found that a substantial share of East Asians rounded their ages to multiples of five. However, the...

This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...

This paper first draws on a unique data set, hojok (household registers), to estimate numeracy levels in Korea from the period 1550–1630. We add evidence from Japan and China from the early modern period until 1800 to obtain a human capital estimate for East Asia. We find that numeracy was...