Market Linkage and Factor Mobility:The Influence of Kai-Zhong System on the Southwest Border Market in the Ming Dynasty
The Southwest Border Region was a key area for the implementation of the Kai-Zhong system in Ming Dynasty.The implementation of the policy provided important opportunities for the development of border markets while filling the border income.The government's formulation of differentiated salt regulations formed market force on the flow of economic factors such as mainland commercial capital and merchant groups to border areas,injecting economic vitality into the development of border markets.For the attraction of Kai-Zhong,many mainland merchants entered Yunnan and Guizhou region,leveraging the development of southwest border grain markets and cultivating local merchants.Under the joint influence of mainland merchants and local merchants,the Southwest Border Market developed further and its connection with the mainland market was further strengthened.
Kai-Zhong systemmainland Salt Yinflow of merchantsborder market