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speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and …
Persistent link: https://www.econbiz.de/10010357676
This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more pleasure from consumption than religious...
Persistent link: https://www.econbiz.de/10010492354
This paper investigates the critical role of culture for economic recovery after natural disasters. Using Hurricane Katrina as our laboratory, we find a significant adverse treatment effect for plant-level productivity. However, local religious adherence and larger shares of ancestors with...
Persistent link: https://www.econbiz.de/10012286903
- together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue … that religion can enhance or impinge upon economic growth through all four elements because it shapes individual … preferences, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial …
Persistent link: https://www.econbiz.de/10014391202
-together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences …, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial …
Persistent link: https://www.econbiz.de/10014383297
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...
Persistent link: https://www.econbiz.de/10011490822
Persistent link: https://www.econbiz.de/10001147454
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...
Persistent link: https://www.econbiz.de/10012988169
Persistent link: https://www.econbiz.de/10012628276
Persistent link: https://www.econbiz.de/10012170779