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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.

Suggested Citation

  • Steven N. Durlauf & Andros Kourtellos & Chih Ming Tan, 2010. "Is God in the Details? A Reexamination of the Role of Religion in Economic Growth," University of Cyprus Working Papers in Economics 11-2010, University of Cyprus Department of Economics.
  • Handle: RePEc:ucy:cypeua:11-2010
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    More about this item

    Keywords

    Economic Growth; Religion; Model Uncertainty;
    All these keywords.

    JEL classification:

    • C59 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Other
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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