Chinese National Income, ca. 1661–1933
2017
In recent decades, national income has become increasingly important as a measure of a nation’s economic health. In this study, we used a wide array of primary and secondary sources to arrive at values of the Chinese per capita gross domestic product (GDP) during the period of 1661–1933. We found a persistent decline in the per capita GDP between the 17th and 19th centuries, followed by a period of stagnation. This pattern, which shows up in many Asian countries, with the exception of Japan, provides a basis for improving our understanding of the patterns of global economic convergence and divergence.
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