明代中国经济的产权分析与中欧比较研究

资本市场的萌芽和产生是商品经济的发展水平、社会化大生产状况和信用制度的成熟程度等三个因素共同促成的结果。在14~16世纪,中国和欧洲的基本条件相当,但欧洲地区出现了世界最早的资本市场,并逐步发展成为新的世界经济中心,而当时经济同样发达,并具有悠久文明史的古老中国却不仅没有产生资本市场,反而日渐衰落。本文从产权经济学的视角对明代中国和欧洲的经济发展状况和产权制度进行了比较研究,论证了14~16世纪的中国不可能出现资本市场的历史必然性。

Research on Property Rights of China Economy in the Ming Dynasty and Comparison between China and Europe

The bud and emergence of capital market results from development level of commodity economy,status of mass production and maturity of credit system.From 14th century to 16th century,China and Europe had similar social conditions.With the earliest capital market in the world,Europe had become a new center of world economy.However,with the same degree of economic development and long history of civilization,China was tending to eclipse instead of generating capital market.This paper makes a comparison of the development of economy and system of property rights between China of Ming dynasty and Europe from the perspective of economics of property rights,and demonstrates the inevitability of the absence of capital market in China from 14th to 16th century.