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Is God in the Details? A Reexamination of the Role of Religion in Economic Growth

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  • Steven N. Durlauf
  • Andros Kourtellos
  • Chih Ming Tan

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. Overall, their analysis generally meets the standard of statistical replicability, though not perfectly. On the other hand, we do not find that their results are robust to changes in their baseline statistical specification. When model averaging methods are employed to integrate information across alternative statistical specifications, little evidence survives that religious variables help to predict cross-country income differences.

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File URL: http://papers.econ.ucy.ac.cy/RePEc/papers/11-10.pdf
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Bibliographic Info

Paper provided by University of Cyprus Department of Economics in its series University of Cyprus Working Papers in Economics with number 11-2010.

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Length: 33 pages
Date of creation: Nov 2010
Date of revision:
Handle: RePEc:ucy:cypeua:11-2010

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Web page: http://www.econ.ucy.ac.cy

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Keywords: Economic Growth; Religion; Model Uncertainty;

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  1. Robert J. Barro & Rachel McCleary, 2003. "Religion and Economic Growth," NBER Working Papers 9682, National Bureau of Economic Research, Inc.
  2. 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.
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  19. repec:rus:hseeco:70719 is not listed on IDEAS
  20. Gernot Doppelhofer & Ronald I. Miller & Xavier Sala-i-Martin, 2000. "Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," NBER Working Papers 7750, National Bureau of Economic Research, Inc.
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