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Religious attitudes and home bias: theory and evidence from a pilot study

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  • Martin Leroch
  • Carlo Reggiani
  • Gianpaolo Rossini
  • Eugenio Zucchelli

Abstract

This paper examines the relationship between religion and home bias. We propose a simple theoretical framework that suggests that countries interacting via their representative individuals might show a certain degree of religion-driven international altruism that in turn affects trade. We test these predictions exploiting data from a survey on religious attitudes and individuals' preferences over consumption of home-produced versus foreign goods that we designed and carried out in 15 different countries. We find evidence that religious openness and home bias are negatively correlated. This appears to provide some support to the hypothesis that religious openness, through trust and altruism, may have a pro-trade effect.

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Paper provided by Economics, The University of Manchester in its series The School of Economics Discussion Paper Series with number 1206.

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Date of creation: 2012
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Handle: RePEc:man:sespap:1206

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  1. Becker, Sascha O. & Wößmann, Ludger, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," Discussion Papers in Economics 1366, University of Munich, Department of Economics.
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  8. Daniel M. Hungerman, 2011. "Do Religious Proscriptions Matter? Evidence from a Theory-Based Test," NBER Working Papers 17375, National Bureau of Economic Research, Inc.
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