Protestant ethic, status seeking, and economic growth

by Michael Rauscher

Commodities do not only serve the purpose of satisfying direct needs in the production and con-sumption process. Some of them can also be used to display social status and to affect the position of an individual in society. This paper addresses the question under which circum-stances status-seeking behaviour may lead to permanent economic growth in a simple model. The protestant ethic is interpreted as a special case of status-seeking behaviour. It is shown that societies composed of status-seeking individuals may grow faster than less status-oriented societies.

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Year of publication:	1997
Authors:	Rauscher, Michael
Publisher:	Rostock : Universität Rostock, Wirtschafts- und Sozialwissenschaftliche Fakultät, Institut für Volkswirtschaftslehre
Subject:	Protestant ethic \| social status \| economic growth \| Sozialer Status \| Social status \| Wirtschaftssoziologie \| Economic sociology \| Endogenes Wachstumsmodell \| Endogenous growth model \| Protestantismus \| Protestantism \| Theorie \| Theory \| Religion \| Wirtschaftswachstum \| Einflussgröße

Extent:	1 Online-Ressource (circa 19 Seiten) Illustrationen
Series:	Thünen-series of applied economic theory : working paper. - Rostock : Univ.-Bibliothek, Schriftentausch, ISSN 2943-4424, ZDB-ID 2409853-X. - Vol. no. 9
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/78255 [Handle]
Classification:	D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; D92 - Intertemporal Firm Choice and Growth, Investment, or Financing ; P16 - Political Economy ; Philosophie und Theorie der Volkswirtschaft ; Wirtschaftswachstum
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011540102