Book contents
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- Copyright page
- Contents
- Figures
- Maps
- Tables
- Contributors to Volume I
- Acknowledgments
- Note on Citations
- Introduction to Volume I
- Part I Before 1000
- Interlude
- Part II 1000 to 1800
- 7 Ecological Change and Resource Constraints
- 8 Population Change
- 9 Public Finance
- 10 Political Economy
- 11 Law and the Market Economy
- 12 Property Rights and Factor Markets
- 13 The Rural Economy
- 14 Cities and the Urban Economy
- 15 The Monetary System
- 16 Merchants and Commercial Networks
- 17 Foreign Trade
- 18 Production, Consumption, and Living Standards
- Bibliography of Primary Works Cited
- Index
- References
12 - Property Rights and Factor Markets
from Part II - 1000 to 1800
Published online by Cambridge University Press: 07 February 2022
Book contents
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- Copyright page
- Contents
- Figures
- Maps
- Tables
- Contributors to Volume I
- Acknowledgments
- Note on Citations
- Introduction to Volume I
- Part I Before 1000
- Interlude
- Part II 1000 to 1800
- 7 Ecological Change and Resource Constraints
- 8 Population Change
- 9 Public Finance
- 10 Political Economy
- 11 Law and the Market Economy
- 12 Property Rights and Factor Markets
- 13 The Rural Economy
- 14 Cities and the Urban Economy
- 15 The Monetary System
- 16 Merchants and Commercial Networks
- 17 Foreign Trade
- 18 Production, Consumption, and Living Standards
- Bibliography of Primary Works Cited
- Index
- References
Summary
Since the late nineteenth century, some scholars have emphasized the free character of the traditional Chinese economy, while others have regarded it as a feudal or Asiatic one that prevented the development of a market economy. The question of property rights and factor markets, which are the themes of this chapter, is closely related to this subject. The first section of this chapter will give a brief survey of the institutions governing the markets for land, labor, and capital from the perspective of law and policy. In the second section, several concrete illustrations will be presented to describe the functioning of factor markets in the Song–Qing economy. In the last section, an outline of the short-, middle-, and long-term changes that occurred in factor markets will be described.
- Type
- Chapter
- Information
- The Cambridge Economic History of China , pp. 448 - 483Publisher: Cambridge University PressPrint publication year: 2022
References
Further Reading
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