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Long-Run Development and the New Cultural Economics
Gershman, Boris - 2016
This paper reviews recent economics literature on culture, with an emphasis on its relation to the field of long …-run growth and development. It examines the key issues debated in the new cultural economics: causal effects of culture on … economic outcomes, the origins and social costs of culture, as well as cultural transmission, persistence, and change. Some of …
Persistent link: https://www.econbiz.de/10012983798
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Does trust promote growth?
Horváth, Roman - 2012
We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian model averaging to deal rigorously with model uncertainty and attendant omitted variable bias. In addition, we address endogeneity and assess whether the effect of trust on growth...
Persistent link: https://www.econbiz.de/10010322193
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Does Trust Promote Growth?
Horváth, Roman - 2012
We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian model averaging to deal rigorously with model uncertainty and attendant omitted variable bias. In addition, we address endogeneity and assess whether the effect of trust on growth...
Persistent link: https://www.econbiz.de/10010318411
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From worship to worldly pleasures : secularization and long-run economic growth
Strulik, Holger - 2012 - This version: May 2012
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and unprecedented rates. The present paper develops a simple...
Persistent link: https://www.econbiz.de/10010357676
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Secularization and long-run economic growth
Strulik, Holger - 2015 - Revised Version: March 2015
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
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Does trust promote growth?
Horváth, Roman - 2012
We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian model averaging to deal rigorously with model uncertainty and attendant omitted variable bias. In addition, we address endogeneity and assess whether the effect of trust on growth...
Persistent link: https://www.econbiz.de/10009520657
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Does Trust Promote Growth?
Horváth, Roman - 2012
We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian model averaging to deal rigorously with model uncertainty and attendant omitted variable bias. In addition, we address endogeneity and assess whether the effect of trust on growth...
Persistent link: https://www.econbiz.de/10009566413
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From Tradition to Modernity : Economic Growth in a Small World
Strulik, Holger - 2012
This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration affects firm size and efficiency, norm enforcement, and aggregate economic performance. When economic integration is low and...
Persistent link: https://www.econbiz.de/10013114208
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From Tradition to Modernity : Economic Growth in a Small World
Lindner, Ines - 2012
This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration affects firm size and efficiency, norm enforcement, and aggregate economic performance. When economic integration is low and...
Persistent link: https://www.econbiz.de/10013107902
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Corruption in Brazil and Its Effects on Economic Growth
Rodrigo-Caldeira, Deborah - 2017
This research study summarises the effects of corruption in Brazil and its effects on the economic growth of the country, both on the governmental and corporate level. By making use of the theoretical approach of Pak Hung Mo and his model of the economic growth which takes into consideration...
Persistent link: https://www.econbiz.de/10012955728