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dc.contributor.authorMichalopoulos, Steliosen_US
dc.contributor.authorNaghavi, Alirezaen_US
dc.contributor.authorPrarolo, Giovannien_US
dc.date.accessioned2010-11-24en_US
dc.date.accessioned2010-12-22T10:43:21Z-
dc.date.available2010-12-22T10:43:21Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/43515-
dc.description.abstractThis research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography (i) determined the economic aspects of the religious doctrine upon which Islam was formed, and (ii) shaped its subsequent economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade across regions, fostering predatory behavior from the poorly endowed ones. In such an environment it was mutually beneficial to institute a system of income redistribution. However, a higher propensity to save by the rich would exacerbate wealth inequality rendering redistribution unsustainable, leading to the demise of the Islamic unity. Consequently, income inequality had to remain within limits for Islam to persist. This was instituted via restrictions on physical capital accumulation. Such rules rendered the investments on public goods, through religious endowments, increasingly attractive. As a result, capital accumulation remained low and wealth inequality bounded. Geography and trade shaped the set of economically relevant religious principles of Islam affecting its economic trajectory in the preindustrial world.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Global challenges 2010,75en_US
dc.subject.jelO10en_US
dc.subject.jelO13en_US
dc.subject.jelO16en_US
dc.subject.jelO17en_US
dc.subject.jelO18en_US
dc.subject.jelF10en_US
dc.subject.jelZ12en_US
dc.subject.ddc330en_US
dc.subject.keywordReligionen_US
dc.subject.keywordIslamen_US
dc.subject.keywordGeographyen_US
dc.subject.keywordPhysical Capitalen_US
dc.subject.keywordHuman Capitalen_US
dc.subject.keywordLand Inequalityen_US
dc.subject.keywordWealth Inequalityen_US
dc.subject.keywordTradeen_US
dc.titleTrade and geography in the economic origins of Islam: theory and evidenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn640491936en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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