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dc.contributor.authorTabellini, Guidoen_US
dc.coverage.temporal1600-1880en_US
dc.date.accessioned2009-01-28T15:54:03Z-
dc.date.available2009-01-28T15:54:03Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/18956-
dc.description.abstractDoes culture have a causal effect on economic development? The data on European regions suggest that it does. Culture is measured by indicators of individual values and beliefs, such as trust and respect for others, and confidence in individual self-determination. To isolate the exogenous variation in culture, I rely on two historical variables used as instruments: the literacy rate at the end of the XIXth century, and the political institutions in place over the past several centuries. The political and social history of Europe provides a rich source of variation in these two variables at a regional level. The exogenous component of culture due to history is strongly correlated with current regional economic development, after controlling for contemporaneous education, urbanization rates around 1850 and national effects. Moreover, the data do not reject the over-identifying assumption that the two historical variables used as instruments only influence regional development through culture. The indicators of culture used in this paper are also strongly correlated with economic development and with available measures of institutions in a cross-country setting.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1492en_US
dc.subject.jelO10en_US
dc.subject.jelP10en_US
dc.subject.jelF10en_US
dc.subject.jelN13en_US
dc.subject.ddc330en_US
dc.subject.keywordcultureen_US
dc.subject.keywordeconomic developmenten_US
dc.subject.keywordtrusten_US
dc.subject.keywordliteracyen_US
dc.subject.keywordinstitutionsen_US
dc.subject.stwKulturen_US
dc.subject.stwRegionale Entwicklungen_US
dc.subject.stwRegionales Wachstumen_US
dc.subject.stwBildungsniveauen_US
dc.subject.stwSchätzungen_US
dc.subject.stwEU-Staatenen_US
dc.titleCulture and institutions : economic development in the regions of Europeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn500468001en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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