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Empirical research on the determinants of economic growth has typically neglected the influence of religion. To fill … are the dependent variables. The instruments are dummy variables for the presence of state religion and for regulation of … the religion market, an indicator of religious pluralism, and the composition of religions. We find that economic growth …
Persistent link: https://www.econbiz.de/10013223306
attendance and religious beliefs are positively related to education (thereby conflicting with theories in which religion … and lower fertility. We investigate the effects of official state religions, government regulation of the religion market … the measures of official state religion, government regulation, and religious pluralism …
Persistent link: https://www.econbiz.de/10013226059
Since Max Weber, there has been an active debate on the impact of religion on people's economic attitudes. Much of the … institutional factors. We use the World Values Surveys to identify the relationship between intensity of religious beliefs and … government, working women, legal rules, thriftiness, and the market economy. We also distinguish across religious denominations …
Persistent link: https://www.econbiz.de/10013236680
threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …
Persistent link: https://www.econbiz.de/10013233439
We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...
Persistent link: https://www.econbiz.de/10013071304
, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank's World … Development Indicators; a substantial fraction of the world is also covered in the PPP accounts produced by the OECD and the …; version 7.0 of the Penn World Table will soon incorporate these results. The 2005 ICP, like earlier rounds, involved …
Persistent link: https://www.econbiz.de/10012758136
In a seminal contribution, Acemoglu, Johnson, and Robinson (2001) argue property-rights institutions powerfully affect national income, using estimated mortality rates of early European settlers to instrument capital expropriation risk. However 36 of the 64 countries in their sample are assigned...
Persistent link: https://www.econbiz.de/10012759109
The paper looks at the development of the secular stagnation thesis, in the context of the economic history of the time. It explores some 19th century antecedents of the thesis, before turning to its interwar development. Not only Alvin Hansen, but Keynes and Hicks were involved in the...
Persistent link: https://www.econbiz.de/10013010280
Using annual data from the thirteenth century to the present, we show that improved long run economic performance has occurred primarily through a decline in the rate and frequency of shrinking, rather than through an increase in the rate of growing. Indeed, as economic performance has improved...
Persistent link: https://www.econbiz.de/10012957987
W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...
Persistent link: https://www.econbiz.de/10012772451