Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93374
Authors: 
Nunziata, Luca
Rocco, Lorenzo
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Paper 7976
Abstract: 
Does Protestantism favour the market economy more than Catholicism does? We provide a novel quasi-experimental way to answer this question by comparing Protestant and Catholic minorities using Swiss census data from 1970 to 2000. Exploiting the strong adhesion of religious minorities to their confession's ethical principles and the historical determination of the geographical distribution of confessions across Swiss cantons, we find that Protestantism is associated with a significantly higher propensity for entrepreneurship. The estimated difference ranges between 2.3 and 4.4 percentage points. Our findings are robust to a number of robustness checks, including a placebo test.
Subjects: 
entrepreneurship
self-employment
religion
culture
Protestantism
Catholicism
Switzerland
JEL: 
Z12
J24
J21
Z13
Document Type: 
Working Paper

Files in This Item:
File
Size
2.58 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.