This page offers the latest information about workshop series by WINPEC (Waseda Institute of Political Economy).

Macroeconomics

Tomoki Fujii (Singapore Management University)

Jun. 09 2025
Title Confucian Literati and Long-run Development in Northern Vietnam
Date June 09, 2025 (Monday) 10:40-12:10
Location 12th floor Discussion Room
Abstract This paper revisits the impact of Confucianism on long-run development in a less explored context--northern Vietnam. Using the variation in Confucian literati across 217 historical districts between the Primitive Le and the Nguyen dynasties (1426--1919 CE), we find that districts with greater exposure to Confucianism have experienced better economic outcomes over the past century. The result is robust to controlling for a battery of confounders and using the distance to exogenously located hermit scholars as an instrument. We show that the impact of Confucianism on economic development can be attributed to the persistence of a culture of valuing education, strong family ties, and ideals of effective governance.
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