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Does Religiosity Promote Property Rights and the Rule of Law?

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  • Niclas Berggren

    ()
    (Research Institute of Industrial Economics (IFN) and University of Economics in Prague)

  • Christian Bjørnskov

    ()
    (Department of Economics and Business, Aarhus University, Denmark)

Abstract

Social and cultural determinants of economic institutions and outcomes have come to the forefront of economic research. We introduce religiosity, measured as the share for which religion is important in daily life, to explain institutional quality in the form of property rights and the rule of law. Previous studies have only measured the impact of membership shares of different religions, with mixed results. We find, in a cross-country regression analysis comprising up to 112 countries, that religiosity is negatively related to our institutional outcome variables. This only holds in democracies (not autocracies), which suggests that religiosity affects the way institutions work through the political process. Individual religions are not related to our measure of institutional quality.

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Bibliographic Info

Paper provided by School of Economics and Management, University of Aarhus in its series Economics Working Papers with number 2012-08.

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Length: 34
Date of creation: 06 Mar 2012
Date of revision:
Handle: RePEc:aah:aarhec:2012-08

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Web page: http://www.econ.au.dk/afn/

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Keywords: Religion; religiosity; rule of law; property rights; institutions;

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References

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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Religion and the quality of public institutions
    by Economic Logician in Economic Logic on 2012-03-23 14:34:00
  2. Religion og udvikling
    by Christian Bjørnskov in Punditokraterne on 2013-11-08 09:47:08
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:
  1. Niklas Potrafke, 2013. "Policies against Human Trafficking: The Role of Religion and Political Institutions," CESifo Working Paper Series 4278, CESifo Group Munich.
  2. Garett Jones & Niklas Potrafke, 2014. "Human Capital and National Institutional Quality: Are TIMSS, PISA, and National Average IQ Robust Predictors?," CESifo Working Paper Series 4790, CESifo Group Munich.
  3. Daniel B. Klein, 2014. "Does Economics Need an Infusion of Religious or Quasi-Religious Formulations? A Symposium Prologue," Econ Journal Watch, Econ Journal Watch, vol. 11(2), pages 97-105, May.

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