Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104397
Authors: 
Cantoni, Davide
Year of Publication: 
2013
Series/Report no.: 
Munich Discussion Paper 2013-4
Abstract: 
Following Max Weber, many theories have hypothesized that Protestantism should have favored economic development. With its religious heterogeneity, the Holy Roman Empire presents an ideal testing ground for this hypothesis. Using population figures of 272 cities in the years 1300–1900, I find no effects of Protestantism on economic growth. The finding is precisely estimated, robust to the inclusion of various controls, and does not depend on data selection or small sample size. Protestantism has no effect when interacted with other likely determinants of economic development. Instrumental variables estimates, considering the potential endogeneity of religious choice, are similar to the OLS results.
Subjects: 
Protestantism
Culture
Economic Growth
Historical Development
Germany
JEL: 
N13
N33
O11
Z12
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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