Values and Norms Matter – On the Basic Determinants of Long-Run Economic Development

Over the last couple of decades, it has become a commonplace to claim that “institutions matter” for economic development. Yet, institutions are not exogenous but the result of human action. It is argued here that the values and norms held by substantial parts of society’s members are an importan...

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Publicat a:MAGKS - Joint Discussion Paper Series in Economics (Band 22-2008)
Autors principals: Voigt, Stefan, Park, Sang-Min
Format: Arbeit
Idioma:anglès
Publicat: Philipps-Universität Marburg 2008
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