Subsequently, he passed the entrance examination to enroll in Kyoto Imperial University where he studied agricultural economics. In 1946, following World War II, he returned to Taipei to complete his college education at National Taiwan University. He received his B.S. degree in 1948.
In 1952 Lee went to Iowa State University for advanced study after serving four years as an instructor at National Taiwan University. He received an M.A. degree in agricultural economics the following year and immediately returned to Taiwan to resume his teaching and research career. Twelve years later, he left Taiwan again for further graduate work at Cornell University, where he earned a Ph.D. in agricultural economics in 1968. His Ph.D. thesis, entitled "Intersectoral Capital Flows in the Economic Development of Taiwan, 1895-1960," received an award for the best dissertation in the United States in the field of agricultural economics.
Prior to pursuing a political career in 1972, Lee held teaching posts at National Taiwan University and National Chengchi University. He also served as an economic analyst at the provincial government's Department of Agriculture and Forestry and as a research fellow at the Taiwan Provincial Cooperative Bank from 1948 to 1957.
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