Distance to the pre-industrial technological frontier, patience, and economic development
Sascha Möhrle and
Uwe Sunde
Economics Letters, 2021, vol. 201, issue C
Abstract:
This research provides evidence that the persistent non-monotonic effect of distance to the pre-industrial technological frontier on economic development is associated with systematic variation in patience. This supports an interpretation of an underlying mechanism through culture and innovation.
Keywords: Comparative development; Culture and technology; Innovation; Cultural transmission (search for similar items in EconPapers)
JEL-codes: O10 O31 O33 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:201:y:2021:i:c:s0165176521000653
DOI: 10.1016/j.econlet.2021.109788
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