| 来源类型 | VoxEU Column |
| 规范类型 | 评论 |
| Why it doesn't make sense to hold bonds | |
| Balazs Csullag; Jon Danielsson; Robert Macrae | |
| 发表日期 | 2016-06-27 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | Despite being credited with many of the defining inventions of the early modern era, China failed to develop in line with Western Europe at the start of the 19th century. This column suggests that one reason for this was that China’s economy was more fragmented than that of Europe. Using Chinese monthly grain prices from 1740-1820 and grain price panels from Western Europe, it shows that in terms of market integration, the Great Divergence was well under way decades before the start of the 19th century. |
| 主题 | Economic history |
| 关键词 | Great divergence China market disintegration grain prices |
| URL | https://cepr.org/voxeu/columns/why-it-doesnt-make-sense-hold-bonds |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/552242 |
| 推荐引用方式 GB/T 7714 | Balazs Csullag,Jon Danielsson,Robert Macrae. Why it doesn't make sense to hold bonds. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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