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Religious Market Competition in a Richer World

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  • MICHAEL McBRIDE

Abstract

Economic growth has not led to a decline in religion despite past predictions that it would. Using a formal model of religious competition, I show how economic growth produces counteracting effects on religious activity in an open religious market, and that it has little effect in a religious market that is already secularized due to regulations that prohibit religious competition or in a highly religious market with regulations that inhibit secular activities. Theories predicting the decline of religion due to rising opportunity costs of religious demand and supply ignore countervailing influences.

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  • MICHAEL McBRIDE, 2010. "Religious Market Competition in a Richer World," Economica, London School of Economics and Political Science, vol. 77(305), pages 148-171, January.
    • Handle: RePEc:bla:econom:v:77:y:2010:i:305:p:148-171
    DOI: 10.1111/j.1468-0335.2008.00732.x
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    References listed on IDEAS

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    Cited by:

    1. Sriya Iyer, 2016. "The New Economics of Religion," Journal of Economic Literature, American Economic Association, vol. 54(2), pages 395-441, June.
    2. Daniel M. Hungerman, 2011. "Substitution and Stigma: Evidence on Religious Competition from the Catholic Sex-Abuse Scandal," NBER Working Papers 17589, National Bureau of Economic Research, Inc.
    3. Michael McBride, 2016. "A rational choice theory of religious authority," Rationality and Society, , vol. 28(4), pages 410-438, November.
    4. Carvalho, Jean-Paul & Koyama, Mark, 2016. "Jewish emancipation and schism: Economic development and religious change," Journal of Comparative Economics, Elsevier, vol. 44(3), pages 562-584.
    5. Gilat Levy & Ronny Razin, 2012. "Religious Beliefs, Religious Participation, and Cooperation," American Economic Journal: Microeconomics, American Economic Association, vol. 4(3), pages 121-151, August.
    6. Vikas Kumar, 2013. "A model of secularism in the state of nature," Quality & Quantity: International Journal of Methodology, Springer, vol. 47(2), pages 1199-1212, February.
    7. Bukin, Kirill A. (Букин, Кирилл А.) & Levin, Mark I. (Левин, Марк И.), 2018. "Competition in the Regulated Religious Market [Конкуренция На Регулируемом Рынке Религиозных Услуг]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 218-233, February.
    8. Jean-Paul Carvalho & Mark Koyama & Michael Sacks, 2017. "Education, identity, and community: lessons from Jewish emancipation," Public Choice, Springer, vol. 171(1), pages 119-143, April.
    9. Liang, Yinhe & Dong, Zhiyong, 2019. "Has education led to secularization? Based on the study of compulsory education law in China," China Economic Review, Elsevier, vol. 54(C), pages 324-336.
    10. Christopher Busch & David Domeij & Fatih Guvenen & Rocio Madera, 2018. "Asymmetric Business-Cycle Risk and Social Insurance," NBER Working Papers 24569, National Bureau of Economic Research, Inc.
    11. Eswaran Mukesh, 2011. "Competition and Performance in the Marketplace for Religion: A Theoretical Perspective," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-36, March.
    12. Mark Koyama & Jean-Paul Carvalho, "undated". "Development and Religious Polarization: The Emergence of Reform and Ultra-Orthodox Judaism," Discussion Papers 11/11, Department of Economics, University of York.
    13. Esteban, Joan & Levy, Gilat & Mayoral, Laura, 2019. "Personal liberties, religiosity, and effort," European Economic Review, Elsevier, vol. 120(C).
    14. Pavol Minarik, 2018. "An economic model of religious organization under oppressive regulation," Journal of Economics, Springer, vol. 124(3), pages 289-302, July.
    15. Pyne, Derek, 2013. "An afterlife capital model of religious choice," Journal of Economic Behavior & Organization, Elsevier, vol. 92(C), pages 32-44.

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