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The Importance of Brand and Competition in Defining U.S. Religious Markets

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Author Info
Brian Goff () (Department of Economics, 1906 College Heights Boulevard, Western Kentucky University, Bowling Green, KY 42101, USA)
Michelle W. Trawick () (Department of Economics, 1906 College Heights Boulevard, Western Kentucky University, Bowling Green, KY 42101, USA)
Abstract

Economic analysis of religious participation has been pursued mainly assuming very homogeneous religious markets and using highly aggregated units of measure. Utilizing a county-level data set, we explore the structure of U.S. religious markets and determine whether the impacts of the economic influences on religious participation are sensitive to the “brand” of religion chosen by consumers. We find that the directions of effects of wealth and death rates are largely independent of brand definition. However, the magnitudes of these effects along with the directions of effects of income, religious competition, and human capital are sensitive to brand. The impact of religious competition is particularly complex, with differences between “interbrand” and “intrabrand,” as well as extreme values where competition may be a defining feature of brand.

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Publisher Info
Article provided by Southern Economic Association in its journal Southern Economic Journal.

Volume (Year): 74 (2008)
Issue (Month): 4 (April)
Pages: 1035-1048
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Handle: RePEc:sej:ancoec:v:74:4:y:2008:p:1035-1048

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Find related papers by JEL classification:
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
Z12 - Other Special Topics - - Cultural Economics - - - Religion

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