The religious transition. A long-run perspective
AbstractReligiosity is defined as the importance of religion in all aspects of life. The definition is operationalized into a robust measure by aggregating 14 items from the World Values Surveys. Religiosity falls by 50 % when countries pass through the transition from being underdeveloped to becoming a developed one. A formal test shows that long-run causality is predominantly from income to religiosity. The transition slope is robust to measurement error and composition of the country sample. The empirical macro relation is rationalized by some micro theory: Most components of the demand for religious goods are reduced by rising income. Churches supply religious goods directly and through three additional channels: education, healthcare, and social security. Rising income caused churches to lose control over the additional channels. Copyright Springer Science+Business Media, LLC 2013
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 156 (2013)
Issue (Month): 1 (July)
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Web page: http://www.springerlink.com/link.asp?id=100332
Religiosity; Economic development; Transition; Substitution; Biogeography; O11; Z12;
Other versions of this item:
- Erich Gundlach & Martin Paldam, 2009. "The religious transition - A long-run perspective," Economics Working Papers 2009-15, School of Economics and Management, University of Aarhus.
- Erich Gundlach & Martin Paldam, 2010. "The Religious Transition. A Long-run Perspective," DEGIT Conference Papers c015_039, DEGIT, Dynamics, Economic Growth, and International Trade.
- Martin Paldam & Erich Gundlach, 2009. "The Religious Transition. A Long-run Perspective," Kiel Working Papers 1576, Kiel Institute for the World Economy.
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
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