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Empirical research on the determinants of economic growth has typically neglected the influence of religion. To fill … are the dependent variables. The instruments are dummy variables for the presence of state religion and for regulation of … the religion market, an indicator of religious pluralism, and the composition of religions. We find that economic growth …
Persistent link: https://www.econbiz.de/10012469016
Since Max Weber, there has been an active debate on the impact of religion on people's economic attitudes. Much of the … institutional factors. We use the World Values Surveys to identify the relationship between intensity of religious beliefs and … government, working women, legal rules, thriftiness, and the market economy. We also distinguish across religious denominations …
Persistent link: https://www.econbiz.de/10012469472
attendance and religious beliefs are positively related to education (thereby conflicting with theories in which religion … and lower fertility. We investigate the effects of official state religions, government regulation of the religion market … the measures of official state religion, government regulation, and religious pluralism …
Persistent link: https://www.econbiz.de/10012469783
threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …
Persistent link: https://www.econbiz.de/10012469080
(Islamic) law. These theories take as exogenous the cultural values that complement the prevailing institutions. As a result …
Persistent link: https://www.econbiz.de/10012482703
economy. Agriculturally-coinciding festivals also lead to higher religiosity and social capital, potentially explaining why …
Persistent link: https://www.econbiz.de/10012533370
We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...
Persistent link: https://www.econbiz.de/10012458895
We explore the role of government in the nexus of finance and trade starting from the earliest days of organised finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that the government expenditures and international trade did...
Persistent link: https://www.econbiz.de/10012462195
framework, technology, contacts with the outside world, and changes in power and wealth matter not just directly but because …
Persistent link: https://www.econbiz.de/10012462860
We study economic growth and inflation at different levels of government and external debt. Our analysis is based on new data on forty-four countries spanning about two hundred years. The dataset incorporates over 3,700 annual observations covering a wide range of political systems,...
Persistent link: https://www.econbiz.de/10012463011