Wages, Inequality, and Pre-Industrial Growth in Japan, 1727–1894

Osamu Saito

in Living Standards in the Past

Published in print March 2005 | ISBN: 9780199280681
Published online July 2005 | e-ISBN: 9780191602467 | DOI:
 Wages, Inequality, and Pre-Industrial Growth in Japan, 1727–1894

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It is widely recognized that in Japan before the Meiji Restoration there occurred a gradual increase in output. Examines whether or not the trend in real wages diverged from that of per capita output growth, and concludes that traditional Japan did not exhibit a drastic divergence between wage change and output growth as experienced in early modern

Western Europe. Also explores briefly the factors accounting for the differences between the two pre-modern growth processes.

Keywords: farm output; GDP per capita; inequality; Japan; labour market; pre-modern growth; real wages; Smithian growth

Chapter.  8544 words.  Illustrated.

Subjects: Economic History

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