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Religion and Economic Growth: Was Weber Right?

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Author Info
Blum, U.
Dudley, L.

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Abstract

Evidence of falling wages in Catholic cities and rising wages in Protestant cities between 1500 and 1750, during the spread of literady and the vernacular, is inconsistent with most theorretical models of economic growth. In the Protestant Ethic, Weber suggested an alternative explanation based on culture. Here, a theoretical model confirms that a small change in the subjective cost od cooperating with strangers can generate a profound transformation in trading networks.

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Publisher Info
Paper provided by Centre interuniversitaire de recherche en économie quantitative, CIREQ in its series Cahiers de recherche with number 2001-05.

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Length: 38 pages
Date of creation: 2001
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Handle: RePEc:mtl:montec:2001-05

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Related research
Keywords: ECONOMIC GROWTH RELIGION CULTURE

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Find related papers by JEL classification:
Z12 - Other Special Topics - - Cultural Economics - - - Religion
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Z10 - Other Special Topics - - Cultural Economics - - - General

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  1. Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2002. "People's Opium? Religion and Economic Attitudes," CEPR Discussion Papers 3588, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Do, Quy-Toan & Phung, Tung Duc, 2006. "Superstition, family planning, and human development," Policy Research Working Paper Series 4001, The World Bank. [Downloadable!]
  3. Chris Minns, & Mariyan Rizov, 2003. "The spirit of capitalism? Immigration, religion, and self-employment in early 20th century Canada," The Institute for International Integration Studies Discussion Paper Series iiisdp08, IIIS. [Downloadable!]
  4. Roy Thurik & Lorraine Uhlaner & Jan Hutjes, 2002. "Post-Materialism as a Cultural Factor Influencing Entrepreneurial Activity across Nations," Scales Research Reports H200202, EIM Business and Policy Research. [Downloadable!]
    Other versions:
  5. Joao Ricardo Faria & Miguel León-Ledesma, 2003. "Cultural Heritage and Growth," Studies in Economics 0303, Department of Economics, University of Kent. [Downloadable!]
  6. Tiago Cavalcanti & Stephen Parente & Rui Zhao, 2007. "Religion in macroeconomics: a quantitative analysis of Weber’s thesis," Economic Theory, Springer, vol. 32(1), pages 105-123, July. [Downloadable!] (restricted)
  7. Michele Bagella & Leonardo Becchetti & Stefano Caiazza, 2002. "Cultures, Finance And Growth," Departmental Working Papers 157, Tor Vergata University, CEIS. [Downloadable!]
  8. Joao Ricardo Faria & Miguel A. Leon-Ledesma, 2002. "Habit Formation, Work Ethics, and Technological Progress," Studies in Economics 0210, Department of Economics, University of Kent. [Downloadable!]
    Other versions:
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