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Distance to the pre-industrial technological frontier, patience, and economic development

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  • Möhrle, Sascha
  • Sunde, Uwe

Abstract

This research provides evidence that the persistent non-monotonic effect of distance to the pre-industrial technological frontier on economic development is associated with systematic variation in patience. This supports an interpretation of an underlying mechanism through culture and innovation.

Suggested Citation

  • Möhrle, Sascha & Sunde, Uwe, 2021. "Distance to the pre-industrial technological frontier, patience, and economic development," Economics Letters, Elsevier, vol. 201(C).
  • Handle: RePEc:eee:ecolet:v:201:y:2021:i:c:s0165176521000653
    DOI: 10.1016/j.econlet.2021.109788
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    References listed on IDEAS

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    8. Armin Falk & Anke Becker & Thomas Dohmen & David Huffman & Uwe Sunde, 2023. "The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences," Management Science, INFORMS, vol. 69(4), pages 1935-1950, April.
    9. Uwe Sunde & Thomas Dohmen & Benjamin Enke & Armin Falkbriq & David Huffman & Gerrit Meyerheim, 2022. "Patience and Comparative Development [How Large Are Human-capital Externalities? Evidence from Compulsory Schooling Laws]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(5), pages 2806-2840.
    10. Armin Falk & Anke Becker & Thomas Dohmen & Benjamin Enke & David Huffman & Uwe Sunde, 2018. "Global Evidence on Economic Preferences," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(4), pages 1645-1692.
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    Cited by:

    1. Azizbek Tokhirov, 2023. "Patience and Giving: Global Evidence Based on Longitudinal and Linguistic Data," CERGE-EI Working Papers wp771, The Center for Economic Research and Graduate Education - Economics Institute, Prague.

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    More about this item

    Keywords

    Comparative development; Culture and technology; Innovation; Cultural transmission;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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