Replication data for: The Agricultural Origins of Time Preference
Principal Investigator(s): View help for Principal Investigator(s) Oded Galor; Ömer Özak
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| 20150020_data | 10/12/2019 03:36:AM | ||
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text/plain | 14.6 KB | 10/11/2019 11:36:PM |
Project Citation:
Galor, Oded, and Özak, Ömer. Replication data for: The Agricultural Origins of Time Preference. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113035V1
Project Description
Summary:
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This research explores the origins of observed differences in time preference across countries and regions. Exploiting a natural experiment associated with the expansion of suitable crops for cultivation in the course of the Columbian Exchange, the research establishes that pre-industrial agro-climatic characteristics which were conducive to higher return to agricultural investment triggered selection, adaptation, and learning processes that generated a persistent positive effect on the prevalence of long-term orientation in the contemporary era. Furthermore, the research establishes that these agro-climatic characteristics have had a culturally embodied impact on economic behavior such as technological adoption, education, saving, and smoking.
Scope of Project
JEL Classification:
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D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
G28 Financial Institutions and Services: Government Policy and Regulation
D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
G28 Financial Institutions and Services: Government Policy and Regulation
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