Replication data for: The Agricultural Origins of Time Preference
- Galor, Oded
- Özak, Ömer
AbstractThis 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.
Is supplement to
DOI: 10.1257/aer.20150020 (Text)
Galor, Oded, and Ömer Özak. “The Agricultural Origins of Time Preference.” American Economic Review 106, no. 10 (October 2016): 3064–3103. https://doi.org/10.1257/aer.20150020.
- ID: 10.1257/aer.20150020 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12