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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

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

Does trust promote growth?

Horváth, Roman - 2012

Persistent link: https://www.econbiz.de/10010322193

How Does Social Trust Affect Economic Growth?

Bjørnskov, Christian - 2014

This paper connects two strands of the literature on social trust by estimating the effects of trust on growth through a set of potential transmission mechanisms directly. It does so by modelling the process using a three-stage least squares estimator on a sample of countries for which a full...

Persistent link: https://www.econbiz.de/10014058520

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

Chapter 26. Social Capital

Durlauf, Steven N.; Fafchamps, Marcel - 2005

This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...

Persistent link: https://www.econbiz.de/10014023761

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

From Tradition to Modernity : Economic Growth in a Small World

Lindner, Ines - 2012

Persistent link: https://www.econbiz.de/10013107902

Social Trust and Patterns of Growth

Bjørnskov, Christian - 2021

The association between social trust and long-run economic growth is well-documented. However, which determinants of growth are affected by social trust remains an open question. This paper therefore explores to which extent social trust affects the rate of factor accumulation versus...

Persistent link: https://www.econbiz.de/10013214561

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