“Unified China and Divided Europe”

“Unified China and Divided Europe”

Chiu Yu Ko, Mark Koyama and Tuan-Hwee Sng

In: International Economic Review, January 2018, Vol. 59, No. 1, forthcoming

Throughout much of history,the most economically developed region of the world wasn’t Europe but China, which was typically a unified empire. This paper proposes a unified framework based on Eurasian geography to (a) help explain the different political equilibria in China and Europe, and (b) explore the economic consequences of political centralization and fragmentation.