EconPapers    
Economics at your fingertips  
 

Religious minorities and firm ownership in early twentieth‐century Egypt

Cihan Artunç ()

Economic History Review, 2019, vol. 72, issue 3, 979-1007

Abstract: This article examines the composition of firm ownership and entrepreneurship in Egypt between 1910 and 1949 by assembling a novel dataset on multi‐owned firms. The evidence supports two main results. First, Muslim participation remained disproportionately low in partnerships but was distinctly high in corporations relative to non‐Muslims. Second, Muslim‐owned firms were frailer and more likely to experience early exits. The findings are consistent with the view that the region's institutional legacy, such as disparities in physical or human capital, created obstacles for Muslims. When these implications are tested, the findings show that only small‐scale Muslim firms had restricted access to capital. The skewness in Muslim firms’ entry and start‐up size is probably the result of legal distortions introduced by the government, which entrenched a small class of political elites in large‐scale firms.

Date: 2019
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/ehr.12769

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ehsrev:v:72:y:2019:i:3:p:979-1007

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0117

Access Statistics for this article

Economic History Review is currently edited by Stephen Broadberry

More articles in Economic History Review from Economic History Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-05-12
Handle: RePEc:bla:ehsrev:v:72:y:2019:i:3:p:979-1007