Bernhofen, Daniel M.; Eberhardt, Markus; Liang, Yusheng; … - 2015
This paper challenges established claims of comparable degrees of market integration in Europe and China on the eve of … process of market disintegration in 221 prefectures of Qing China. Comparing our results with those for grain price panels … from Western Europe we conclude that in terms of market integration the Great Divergence was well under way decades before …