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dc.contributor.authorBecker, Sascha-
dc.contributor.authorWoessmann, Ludger-
dc.description.abstractMax Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory: Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. We test the theory using county-level data from late 19th-century Prussia, exploiting the initial concentric dispersion of the Reformation to use distance to Wittenberg as an instrument for Protestantism. We find that Protestantism indeed led to higher economic prosperity, but also to better education. Our results are consistent with Protestants’ higher literacy accounting for most of the gap in economic prosperiten_UK
dc.publisherMassachusetts Institute of Technology (MIT) Press-
dc.relationBecker S & Woessmann L (2009) Was Weber Wrong? A Human Capital Theory of Protestant Economic History, The Quarterly Journal of Economics, 124 (2), pp. 531-596.-
dc.rightsPublished in The Quarterly Journal of Economics. Copyright: © 2009 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.-
dc.subjectHuman capitalen_UK
dc.subjecteconomic history of Prussiaen_UK
dc.subjectJEL classification: N33, Z12, I20en_UK
dc.subject.lcshWeber, Max, 1864-1920 Criticism and interpretation-
dc.subject.lcshCapitalism Religious aspects Protestant churches-
dc.subject.lcshPrussia (Germany) Economic conditions 19th century-
dc.subject.lcshChurch and education Prussia (Germany)-
dc.titleWas Weber Wrong? A Human Capital Theory of Protestant Economic Historyen_UK
dc.typeJournal Articleen_UK
dc.rights.embargoreasonPublisher conditions require a 12 month embargo.-
dc.citation.jtitleThe Quarterly Journal of Economics-
dc.type.statusPublisher version (final published refereed version)-
dc.contributor.affiliationUniversity of Munich-
Appears in Collections:Economics Journal Articles

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