Implications of the Economics of Religion to the Empirical Economic Research
AbstractThis paper collects most recent developments in the emerging economic sub-area Economics of Religion. According to secularization thesis, the importance of beliefs and religious activities should weaken as education, scientific knowledge and economic welfare increases. That hypothesis has been previously proofed false, but it continues to affect people's attitudes. This survey analyzes the economic consequences of religion, the two-way interrelationship between religious and economic activities and the present state of economic scrutiny on the subject, exploring the emerging sub-field of economics, which appends our notion of factors behind the economic behavior and growth, by including religious activity as an important factor in economic development. Changes in belief systems, which in many cases will be forms of religion, also can significantly influence individual behavior along with the maximization of individual profit and utility. The finding that economic growth depends also on the productivity of the religious sector, offers interesting future research opportunities.
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Bibliographic InfoPaper provided by EconWPA in its series Others with number 0310004.
Length: 14 pages
Date of creation: 28 Oct 2003
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Note: Type of Document - pdf; prepared on Win2000, LaTex; pages: 14
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Economics of Religion; Religion; Economic Growth; Growth Theory; human capital; religious capital;
Find related papers by JEL classification:
- Z0 - Other Special Topics - - General
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-11-03 (All new papers)
- NEP-HIS-2003-11-03 (Business, Economic & Financial History)
- NEP-MFD-2003-11-03 (Microfinance)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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