tailieunhanh - Structural Changes In The Economy Of The Chinese Mainland, 1933 To 1952-1957

An economic analysis of the changes in China that occurred from 1933 to 1952 through this period the output of producer goods greatly increased. The sacrifice had a telling effect on the incentive for production of other than steel and of progress in agriculture and the other old-fashioned sectors of the economy became a limiting factor to the development of the "modern" se | -7 R-flilD 1700 MAIN IT. SANTA MONICA CALIFORNIA p-1590 1-12-59 -1- 8TRUCTURAL CHANGES IN THE ECONOMY OF THE CHINESE MAINLAND 1933 TO 1952-57 By Ta-Chung Lỉu During the past two decades China has undergone changes so violent extensive and intensive as perhaps no other nation has experienced ỉn such a short time. Even confining our analysis to the economic aspects only we can do no more in the space alloted than to carve out a most sketchy outline. The cursoriness of our analysis ỈS mitigated somewhat by the quantitative background presented here in the form of national product and expenditure accounts. Coverage and Reliability of the National Product Estimates Dictated by the data available for China outside of Manchuria estimates for the prewar period have been made only for the one year 1933. This is unfortunate. There are evidences of fairly rapid development of light manufacturing industries in China Proper and of heavy industries in Manchuria during 1931-36. A comparison of the pattern of growth during this period with the recent Communist development would have been illuminating. However the single year estimate for 1933 is significant. It furnishes a yardstick against which one can measure the standard of living prevailing in recent years. A comparison of the 1933 market prices with the controlled prices in the Communist economy of 1952 ỈS also useful for many purposes. Statistics are so scarce and unreliable for the period of the Sino-Japanese War 1937-li5 The author is Professor of Econctnlcs at Cornell University and consultant for The RAND Corporation. The national product and expenditure estimates presented in this paper are the result of a RAND research project undertaken by the author jointly with K. C. Yeh and Chong Twanmo. In preparing these estimates the author has benefited from suggestions of Hans Heymann Jr. Oleg Hoeffdlng J. A. Kershaw Simon Kuznets and R. H. .