Unfolding the Turbulent Century: A Reconstruction of China's Historical National Accounts, 1840–19121
首次构建了晚清时期（1840-1912）的GDP时间序列，基于行业产出和增加值估算实际与名义人均GDP，发现农业部门庞大且增长缓慢，经济结构变化微小，直到20世纪初才出现增长迹象。
This paper reconstructs China's economic development between 1840 and 1912 with an estimation of Gross Domestic Product (GDP). It provides for the first time a time series of GDP (per capita) for the late Qing Dynasty (1644–1911), based on sectoral output and value added, in current as well as in constant prices. The present estimation of per capita GDP in the late Qing period comes out higher than previous estimations, but it still suggests low average levels of Chinese living standards. The economy during the late Qing Empire was characterized by a large and growing agricultural sector and displayed only minor structural changes. Only in the beginning of the twentieth century did the economy start to show signs of growth.