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Religion, Culture, and Economic Performance

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  • Marcus Noland

    ()
    (Peterson Institute for International Economics)

Abstract

The hypothesis that the coefficients on variables of religious affiliation are jointly equal to zero can frequently be rejected at conventional levels of statistical significance (i.e., religion matters), but no robust relationship between adherence to major world religions and national economic performance is uncovered, using both cross-national and subnational data. The results with respect to Islam do not support the notion that it is inimical to growth. On the contrary, every statistically significant coefficient on Muslim population shares reported in this paper - in both cross-country and within-country statistical analyses - is positive. If anything, Islam promotes growth.

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Bibliographic Info

Paper provided by Peterson Institute for International Economics in its series Working Paper Series with number WP03-8.

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Date of creation: Sep 2003
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Handle: RePEc:iie:wpaper:wp03-8

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Keywords: Economic growth; convergence; religion; Islam; India; Malaysia; Ghana;

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References

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Citations

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Cited by:
  1. Kunting Chen, 2012. "Analysis of the Great Divergence under a Unified Endogenous Growth Model," Annals of Economics and Finance, Society for AEF, vol. 13(2), pages 317-353, November.
  2. Roland Benabou & Jean Tirole, 2005. "Belief in a Just World and Redistributive Politics," NBER Working Papers 11208, National Bureau of Economic Research, Inc.
  3. Paul Frijters & Juan D. Barón, 2012. "The Cult of Theoi: Economic Uncertainty and Religion," The Economic Record, The Economic Society of Australia, vol. 88(s1), pages 116-136, 06.
  4. Lou O'Neil, Mary & Bilgin, Mehmet Huseyin & Lau, Chi Keung Marco, 2012. "The Effects of Religious Beliefs on the Working Decisions of Women: Some Evidence from Turkey," MPRA Paper 46973, University Library of Munich, Germany.
  5. Steven N. Durlauf & Andros Kourtellos & Chih Ming Tan, 2012. "Is God in the details? A reexamination of the role of religion in economic growth," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(7), pages 1059-1075, November.
  6. Bénabou, Roland, 2008. "Ideology," CEPR Discussion Papers 6754, C.E.P.R. Discussion Papers.
  7. Mandana, Hajj & Panizza, Ugo, 2006. "Religion and education gender gap: Are Muslims different?," POLIS Working Papers 64, Institute of Public Policy and Public Choice - POLIS.
  8. Charles Plaigin, 2009. "Exploratory study on the presence of cultural and institutional growth spillovers," DULBEA Working Papers 09-03.RS, ULB -- Universite Libre de Bruxelles.
  9. Steven N. Durlauf & Andros Kourtelos & Chih Ming Tan, 2006. "Is God in the details? A reexamination of the Role of Relegion in Economic," University of Cyprus Working Papers in Economics 10-2006, University of Cyprus Department of Economics.
  10. Patrick A. Imam & Kangni Kpodar, 2010. "Islamic Banking," IMF Working Papers 10/195, International Monetary Fund.
  11. Yaron Zelekha & Gil Avnimelech & Eyal Sharabi, 2014. "Religious institutions and entrepreneurship," Small Business Economics, Springer, vol. 42(4), pages 747-767, April.
  12. Tarik M. Yousef, 2004. "Development, Growth and Policy Reform in the Middle East and North Africa since 1950," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 91-115, Summer.
  13. Marcus Noland & Howard Pack, 2004. "Islam, Globalization, and Economic Performance in the Middle East," Policy Briefs PB04-04, Peterson Institute for International Economics.

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