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This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10011450834
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10010267484
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10010273741
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10010261261
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10010261348
We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers? observance level. We model three stylized situations under which fundamentalist groups function, examining the intensity of observance in each. We find that, under reasonable...
Persistent link: https://www.econbiz.de/10010261982
, institutions, and competition surrounding the medieval Church. To understand the relationship between the secular and ecclesiastic …
Persistent link: https://www.econbiz.de/10014132532
Persistent link: https://www.econbiz.de/10012307272
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
development of social norms, and suggests that religion and family organization are potential mediators. It turns out that many …. Given that successful economic development presupposes the congruence between formal institutions and social norms, this …
Persistent link: https://www.econbiz.de/10013167285