In this paper, we show, using a panel of developed countries, that there is a long-run negative association between … church attendance and total factor productivity (TFP) with predictive causality running from declining church attendance to … increasing factor productivity. According to our preferred estimate, about 18% of the increase in TFP from 1950 to 1990 is caused …

In this paper, we show, using a panel of developed countries, that there is a long-run negative association between … church attendance and total factor productivity (TFP) with predictive causality running from declining church attendance to … increasing factor productivity. According to our preferred estimate, about 18% of the increase in TFP from 1950 to 1990 is caused …

attendance rates for a panel of countries from 1925 to 1990. We employ panel cointegration and causality techniques to control … for omitted variable and endogeneity bias and test for the direction of causality. We show that there exists a negative … the log of GDP per capita. The result is robust to alternative estimation methods, potential outliers, sample selection …

matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads … economic agents, in particular when their productivity is low and their society is largely fractionalized. This leads to a re … active informal sector of low productivity are much less restrictive than originally thought …

attendance rates for a panel of countries from 1925 to 1990. We employ panel cointegration and causality techniques to control … for omitted variable and endogeneity bias and test for the direction of causality. We show that there exists a negative … the log of GDP per capita. The result is robust to alternative estimation methods, potential outliers, sample selection …