VI. Tax Revenue of Hangzhou and Its Territory
Abstract
This chapter discusses the figures on tax revenue given by Marco Polo in his description of Hangzhou. It analyses the data on the salt tax revenue. The importance of the salt tax revenue for the Yuan dynasty is an uncontested fact. The chapter discusses the data which Marco Polo reports on the great yearly revenue that the Great Kaan hath from Kinsay. It begins with the proceeds derived from the salt monopoly in Hangzhou and its territory. The chapter compares the revenue figures expressed in guan of paper notes and liang of gold with the figures obtained by converting Marco Polo's saggi into the same monetary units, i.e. paper notes and gold, taking into account the average, lowest and highest possible values. Several important changes occurred in the organisation, control, and taxation of maritime trade after the Polos had left China.Keywords:China; guan; Hangzhou; liang; Marco Polo; saggi; salt tax revenue; Yuan dynasty
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- Authors
- Vogel, H. U.
- Corresponding author
- Vogel, Hans Ulrich
- Venue
- Marco Polo Was in China
- Publisher
- BRILL
- Published
- 2013-01-01
- Pages
- 365-398
- OpenAlex
- W2300518102
- Semantic Scholar
- caef8875bf30e2d66ad071fafd7ea18d69691b7f
- Cited by
- 0
- References
- 0
- FWCI
- 0.00
- Type
- book chapter
- Language
- en
- Open access
- closed
- Locations
- BRILL eBooks (publishedVersion)
- Topics
- Social Sciences › Anthropology › Eurasian Exchange Networks
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Historical Economic and Social Studies
- Social Sciences › Sociology and Political Science › Chinese history and philosophy
- Keywords
- Marco Polo, Hangzhou, salt monopoly, Yuan dynasty, paper money, guan, Liang, monetary conversion, medieval China
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