Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2023
We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … preferences, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …