Protestants and Catholics: Similar Work Ethic, Different Social Ethic
AbstractThis article develops two hypotheses about economically-relevant values of Christian believers, according to which Protestants should work more and more effectively, as in the work ethic argument of Max Weber, or display a stronger social ethic that would lead them to monitor each others conduct, support political and legal institutions and hold more homogeneous values. Tests using current survey data confirm substantial partial correlations and possible different effects in mutual social control, institutional performance and homogeneity of values but no difference in work ethics. Protestantism therefore seems conducive to capitalist economic development, not by the direct psychological route of the Weberian work ethic but rather by promoting an alternative social ethic that facilitates impersonal trade.
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Bibliographic InfoPaper provided by Barcelona Graduate School of Economics in its series Working Papers with number 497.
Date of creation: Sep 2010
Date of revision:
Religion; values; Weber; institutions; enforcement;
Other versions of this item:
- Benito Arruñada, 2010. "Protestants and Catholics: Similar Work Ethic, Different Social Ethic," Economic Journal, Royal Economic Society, vol. 120(547), pages 890-918, 09.
- Benito Arruñada, 2004. "Protestants and Catholics: Similar work ethic, different social ethic," Economics Working Papers 743, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2010.
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- E0 - Macroeconomics and Monetary Economics - - General
- N4 - Economic History - - Government, War, Law, International Relations, and Regulation
- O39 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Other
- Z1 - Other Special Topics - - Cultural Economics
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