Aoki, Masahiko - East Asian Bureau of Economic Research (EABER) - 2012
This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the … sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of … states of Qing China, Tokugawa Japan, and Yi Korea by focusing on the way in which agricultural taxes were enforced. It also …