Download or read book Institutional Change and Rural Industrialization in China written by Feizhou Zhou and published by World Scientific Publishing. This book was released on 2018-11-23 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the development of the putting-out system in hand-woven textile industries in late Qing Dynasty and China's Republican Period. In classic sociology theory, the putting-out system in handcraft production was regarded as traditional and inefficient. In the context of Republican China, it was believed that this kind of household-based production system would have totally failed in competition with the factory system of machinery production. However, this book exhibits the historical fact that the putting-out system was booming in handcraft textile production and subsequently provides an explanation to this phenomenon from the perspectives of institutional analysis and quantitative modeling. With rich county-level data and comprehensive analysis, this book is valuable for both researchers, academics and students in economics and social history studies. /remove Sample Chapter(s)Chapter 1: Introduction: Smithian Growth or Involution Growth? /remove