China in World Industrialization

XuYi and Bas van Leeuwen
Guangxi Normal University, Guilin, China
International Institute of Social History, Utrecht University, the Netherlands  
Abstract: Combining the sectoral accounting method of the System of National Accounts  
(SNA) with new statistical materials from the United Nations, as well as historical research
into various countries around the world, this paper arrives at an estimate of value added of  
Chinese and world industries between 1850 and 2012. In doing so, we not only modify past  
work by Paul Bairoch, but also arrive at significantly different conclusions about China’s  
position in world industrialization.  
Keywords: China, industrialization, value added, world  
JEL Classification Codes: L60, N60, O55  
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