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dc.contributor.authorTabellini, Guidoen
dc.date.accessioned2009-01-28T15:54:03Z-
dc.date.available2009-01-28T15:54:03Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/18956-
dc.description.abstractDoes culture have a causal effect on economic development? The data on European regionssuggest that it does. Culture is measured by indicators of individual values and beliefs, suchas trust and respect for others, and confidence in individual self-determination. To isolate theexogenous variation in culture, I rely on two historical variables used as instruments: theliteracy rate at the end of the XIXth century, and the political institutions in place over thepast several centuries. The political and social history of Europe provides a rich source ofvariation in these two variables at a regional level. The exogenous component of culture dueto history is strongly correlated with current regional economic development, after controllingfor contemporaneous education, urbanization rates around 1850 and national effects.Moreover, the data do not reject the over-identifying assumption that the two historicalvariables used as instruments only influence regional development through culture. Theindicators of culture used in this paper are also strongly correlated with economicdevelopment and with available measures of institutions in a cross-country setting.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1492en
dc.subject.jelO10en
dc.subject.jelP10en
dc.subject.jelF10en
dc.subject.jelN13en
dc.subject.ddc330en
dc.subject.keywordcultureen
dc.subject.keywordeconomic developmenten
dc.subject.keywordtrusten
dc.subject.keywordliteracyen
dc.subject.keywordinstitutionsen
dc.subject.stwKulturen
dc.subject.stwRegionale Entwicklungen
dc.subject.stwRegionales Wachstumen
dc.subject.stwBildungsniveauen
dc.subject.stwSchätzungen
dc.subject.stwEU-Staatenen
dc.titleCulture and institutions : economic development in the regions of Europe-
dc.typeWorking Paperen
dc.identifier.ppn500468001en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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