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作 者:Jiao Yinyi Cai Meng
机构地区:[1]Center for Economic Research,Shandong University,Jinan,China [2]School of History and Culture,Shandong Normal University,Jinan,China
出 处:《China Economist》2024年第5期117-136,共20页中国经济学人(英文版)
基 金:supported by the General Project of the National Social Science Fund of China(Grant No.NSSFC)“Research on the Changes of Modern East Asian Order”(Grant No.18BSS028).
摘 要:Using the adoption and expansion of wired telegraph in China during the late 19^(th) century,this paper investigates the effect of cost reductions for knowledge exchange on China’s industrial growth before the outbreak of the War of Resistance Against Japanese Aggression(1931-1945),thus testing Baldwin’s theory of“the Great Convergence”in which developing countries are empowered by information and communication technologies.Based on panel data of 1858-1937,we found that wired telegraph access had a significantly positive effect,as well as a long-term growth effect,on the entry of industrial enterprises.Our mechanism analysis indicates that wired telegraph access accelerated early-stage industrialization in localities by encouraging market integration,human capital accumulation,and auxiliary commercial organizations.Only a few countries firmly asserted their telegraph sovereignty and set up their own workforce educational system during telegraph adoption.This explains why the Great Convergence arising from technology importation only occurred in a small number of countries.Our findings contribute to understanding the source of China’s modern industrial progress,as well as why global inequities remain.
关 键 词:wired telegraph entry of industrial enterprises the Great Convergence human capital
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