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Is God in the details? A reexamination of the Role of Relegion in Economic

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Author Info
Steven N. Durlauf
Andros Kourtelos
Chih Ming Tan

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Abstract

Barro and McCleary (2003) is a key research contribution in the new literature exploring the macroeconomic effects of religious beliefs. This paper represents an effort to evaluate the strength of their claims. We evaluate their results in terms of replicability and robustness. While we find that their analysis meets the standard of statistical replicability, we do not find that the results are robust to changes in their baseline statistical specification. Taken together, we conclude that their analysis cannot be taken to provide useable evidence on how religion might affect aggregate outcomes.

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File URL: http://papers.econ.ucy.ac.cy/RePEc/papers/06-10.pdf
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Paper provided by University of Cyprus Department of Economics in its series University of Cyprus Working Papers in Economics with number 10-2006.

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Length: 46 pages
Date of creation: Sep 2006
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Handle: RePEc:ucy:cypeua:10-2006

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  5. Alesina, Alberto, et al, 2003. " Fractionalization," Journal of Economic Growth, Springer, vol. 8(2), pages 155-94, June. [Downloadable!] (restricted)
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  6. Rodrik, Dani & Subramanian, Arvind & Trebbi, Francesco, 2002. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," CEPR Discussion Papers 3643, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  7. Winford H. Masanjala & Chris Papageorgiou, 2008. "Rough and lonely road to prosperity: a reexamination of the sources of growth in Africa using Bayesian model averaging," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(5), pages 671-682. [Downloadable!]
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  11. repec:rus:hseeco:70719 is not listed on IDEAS
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  16. Xavier Sala-I-Martin & Gernot Doppelhofer & Ronald I. Miller, 2004. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," American Economic Review, American Economic Association, vol. 94(4), pages 813-835, September. [Downloadable!]
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  17. Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2003. "People's opium? Religion and economic attitudes," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 225-282, January. [Downloadable!] (restricted)
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  18. Daron Acemoglu & Simon Johnson & James A. Robinson, 2002. "Reversal Of Fortune: Geography And Institutions In The Making Of The Modern World Income Distribution," The Quarterly Journal of Economics, MIT Press, vol. 117(4), pages 1231-1294, November. [Downloadable!] (restricted)
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  19. Marcus Noland, 2003. "Religion, Culture, and Economic Performance," Peterson Institute Working Paper Series WP03-8, Peterson Institute for International Economics. [Downloadable!]
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