2017
DOI: 10.2139/ssrn.3192660
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The Impact of the Reformation on the Economic Development of Western Europe

Abstract: The Protestant Reformation is a vivid example of how religious transformation could set in motion institutional changes, leading to profound consequences for economic and political development. Although economists and other social scientists agree that there is a strong relation between the Reformation and economic growth, there is an active discussion as to what are the causal pathways connecting Protestantism to long-run economic success. We discuss the causal pathways that received substantial empirical sup… Show more

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Cited by 4 publications
(4 citation statements)
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References 86 publications
(66 reference statements)
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“…Currently, the differences are not as significant as they were 100 years ago and the Protestant influence on the ethical dimension of human life is smaller (Treisman 2000, p. 428;Colvin and McCracken 2017). However, tangible differences between Protestantism and Catholicism are still visible; naturally, in favor of the former one (Arruñada 2004;Filipowa 2012;Sheremeta and Smith 2017;Spenkuch 2017). It should be highlighted here that the contemporary economic research on the matter does not distinguish denominations originating from the Protestant movement.…”
Section: The Concept Of and Acceptance For Nepotism From The Perspectmentioning
confidence: 95%
“…Currently, the differences are not as significant as they were 100 years ago and the Protestant influence on the ethical dimension of human life is smaller (Treisman 2000, p. 428;Colvin and McCracken 2017). However, tangible differences between Protestantism and Catholicism are still visible; naturally, in favor of the former one (Arruñada 2004;Filipowa 2012;Sheremeta and Smith 2017;Spenkuch 2017). It should be highlighted here that the contemporary economic research on the matter does not distinguish denominations originating from the Protestant movement.…”
Section: The Concept Of and Acceptance For Nepotism From The Perspectmentioning
confidence: 95%
“…The residual will be treated under the other variables. Through a study of international research literature on the seven first parameters Sheremeta and Smith (2018) conclude that all these factors played causal roles for the historical success of Protestantism on economic growth.…”
Section: What About Causality?mentioning
confidence: 98%
“…The possible link between Protestantism and economic growth is hardly monocausal. On the basis of Sheremeta and Smith (2018) and Grytten and Minde (2019) we can set up the following equation on how it could have influenced economic growth:…”
Section: What About Causality?mentioning
confidence: 99%
“…Ezt arra alapozom, hogy a weberi protestáns etika világában egyértelműen gazdasági növekedés volt megfigyelhető, az aszkétikus viselkedésből következő tőkefelhalmozás révén. Weber a növekedés mögött ezt az új, hivatástudatú, aszketikus magatartást látta, más gondolkodók pedig inkább az oktatásban vélték a gazdasági növekedés kulcsát, azonban ez jelen esetben lényegtelen, mivel a gazdasági növekedés és foglalkoztatottság ténye világosan kimutatható a protestáns világban(Sheremeta és Smith 2017). A fáradhatatlan hivatásvégzés nem csak a férfiakra vonatkozott, hanem mindenkire, így a nőkre is, akik a kapitalista rendszer munkaerőpiacán a későbbiekben megjelentek.…”
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