Konferenzbeitrag

Circle of Fortune: The Long Term Impact of Western Customs Institutions in China

This paper studies the persistent impact of good institutions on economic development in China. By exploiting a British-driven institutional switch in part of China's customs stations in 1902, I find that counties that were more affected by the British customs institutions are also better developed today. Moreover, I show that the institutional switch was exogenous to the pre-colonial development, and I provide different estimation models to reveal a robust and causal relationship between good institutions and economic development.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2018: Digitale Wirtschaft - Session: Economic History ; No. D22-V2

Classification
Wirtschaft
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Asia including Middle East
Economic Development: General
Comparative Analysis of Economic Systems
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Asia including Middle East
Economic Development: General
Comparative Analysis of Economic Systems
Subject
Institutions
Economic development
Treaty ports
Chinese Maritime Customs Service (CMCS)
China

Event
Geistige Schöpfung
(who)
Jin, Gan
Event
Veröffentlichung
(who)
ZBW - Leibniz-Informationszentrum Wirtschaft
(where)
Kiel, Hamburg
(when)
2018

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Jin, Gan
  • ZBW - Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2018

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