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Economics of religion

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economic performance. In 1816, school attendance was about 50% in catholic regions while it was about 66% in Protestant regions. Higher literacy rates of Protestants can be observed in the 1870s/1880s in Prussia. It can be caused by the fact, that Martin Luther favoured Christians reading the Bible by themselves Elements of Protestant ethic described by
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The revenue of every established church is a branch of the general revenues of the state, which is thus diverted to purpose very different from the defence of the state. The tythe, for example, is a real land-tax . The more of this fund that is given to the church, the less, it is evident, can be
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from in-group benefits. Field experiments also evidence religious people are more trusting and cooperative with fellow religious adherents. Many experimental studies suggest group belonging has a greater influence on behaviour than belief orthodoxy. As Darwin (1874) among others argue, the promotion
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The believing channel of religion behaviours concerns costly effort concerned with divine reputation. Azzi and Ehrenberg (1975) propose individuals allocate time and money to secular and religious institutions to maximise utility in this life and the afterlife. The colonisation of religious minds by
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Experimental methods can be applied to isolate the effect of religion on behaviour patterns and to distinguish between believing versus belonging channels. Experimental methods are useful in the economics of religion to standardise measurement and identify causal effect. Methods include looking at
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Religion can have long-lasting effects on a society and its economy. For instance, municipalities of Spain with a history of a stronger inquisitorial presence show lower economic performance and educational attainment today. Similarly, Protestantism in Germany has long affected education and thus
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Studies suggest there is a channel from religious behaviours to macroeconomic outcomes of economic growth, crime rates and institutional development. Scholars hypothesise religion impacts economic outcomes through religious doctrines promoting thrift, work ethic, honesty and trust. These channels
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The correlation between religion and economic outcomes can be interpreted in two ways: (1) a feature intrinsic to religion which affects growth or (2) a feature correlated to religion but not religion itself which affects growth. Existing cross-country literature is criticised for inability to
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experienced a faster productivity growth from the 13th century onwards. The cultural influence was persistent even after the monasteries were dissolved. Modern attitudes towards hard work are positively related with influence of the Cistercians in the region.
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mitigates bias but more recent studies utilise field and natural experiments to identify the causal effect of religion. Robustness of cross-country results to changes in specification of the statistical models is criticised in the literature.
124:. Studies compare the complementary effects of religious values such as charity, forgiveness, honesty and tolerance and religious social groups where membership instils favouritism or discrimination towards in or outgroup members. 183:. Generally, as Hoffman's (2011) survey shows, few statistically significant results have been identified which commentators attribute to opposing positive versus negative effects between and within individuals. 1333:
Durlauf, S. N., Kourtellos, A., & Tan, C. M. (2012). Is God in the details? A reexamination of the role of religion in economic growth. Journal of Applied Econometrics, 27(7), 1059-1075.
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spared to the state. all other things being supposed equal, the richer the church, the poorer must necessarily be, either the sovereign on the one hand, or the people on the other .
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Becker, S. O., & Woessmann, L. (2013). Not the opium of the people: Income and secularization in a panel of Prussian counties. American Economic Review, 103(3), 539-544.
120:“Do unto others as you would have others do unto you” are common to most major religions. Others argue it promotes cooperation and trust within culturally defined groups or 1157:
Becker, S. O., & Woessmann, L. (2009). Was Weber wrong? A human capital theory of Protestant economic history. The quarterly journal of economics, 124(2), 531-596.
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Andersen, T. B., Bentzen, J., Dalgaard, C. J., & Sharp, P. (2017). Pre‐reformation roots of the protestant ethic. The Economic Journal, 127(604), 1756-1793.
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Ruffle, Bradley J.; Sosis, Richard (1 June 2006). "Cooperation and the in-group-out-group bias: A field test on Israeli kibbutz members and city residents".
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The belonging approach to religion considers the social notion of between and within religious groups. Iannaconne (1998) assigns religion as a '
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teachings were an important force behind the transition to modern day capitalism in Europe. Other studies highlight the effects of religion on
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theory predicts that economic development reduces religious participation. The empirical evidence in favour of this relationship is mixed.
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formation as the main mechanism behind the dependency. Human capital formation is driven by higher religious importance of literacy
651:(1776). "Book V: Of the Revenue of the Sovereign or Commonwealth; Chapter 1: Of the Expences of the Sovereign or Commonwealth". 369: 995: 286: 1349: 906:
Becker, Penny Edgell; Dhingra, Pawan H. (2001). "Religious Involvement and Volunteering: Implications for Civil Society".
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Buser, T. (2015). The effect of income on religiousness. American Economic Journal: Applied Economics, 7(3), 178-195.
1005: 718: 691: 445: 413: • Anderson, Gary M. (1988). "Mr. Smith and the Preachers: The Economics of Religion in the Wealth of Nations," 379: 196: 1054:
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi (1 January 2003). "People's opium? Religion and economic attitudes".
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later identified a relationship between religion and economic behaviour, attributing in 1905 the modern advent of
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McCleary, R. M., & Barro, R. J. (2006). Religion and economy. Journal of Economic perspectives, 20(2), 49-72.
532: 1382: 316: 602: 435: 598: 269: 527:   • Patrick J. Welch and J.J. Mueller, 2001. "The Relationship of Religion to Economics," 871:
Hougland, James G.; Wood, James R. (1980). "Control in Organizations and the Commitment of Members".
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the morally concerned supernatural or “Big Gods” diffused behaviours derived from moral instruction.
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Weber, M. (2002). The Protestant Ethic and the Spirit of Capitalism: and other writings. Penguin.
845: 572:   • A.M.C. Waterman, 2002. "Economics as Theology: Adam Smith's Wealth of Nations," 1063: 950: 743: 396: 343: 101: 89: 585: 581: 557: 306: 301: 164: 72: 611: 59:) is a related subject sometimes overlapping or conflated with the economics of religion. 8: 590: 321: 29: 1316: 1230: 1195: 1128: 1089: 976: 923: 888: 826: 769: 482: 291: 150: 1196:"The long-run effects of religious persecution: Evidence from the Spanish Inquisition" 1077: 1235: 1217: 1108: 1093: 1081: 1001: 980: 968: 964: 851: 830: 818: 788: 761: 714: 687: 462: 441: 375: 296: 168: 25: 1320: 773: 500: 1308: 1225: 1207: 1120: 1073: 960: 915: 880: 808: 800: 753: 556:, v. 1, Historical Relationships, table of contents, pp. v–vi with links via upper 474: 652: 548: 539: 146: 48: 580:–921. Reprinted in Paul Oslington, ed., 2003. Economics and Religion, v. 1, pp. 757: 234: 172: 40: 1376: 1221: 1085: 972: 822: 765: 273: 233:
Studies indicate a two-way interaction between economic growth and religion.
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Drelichman, Mauricio; Vidal-Robert, Jordi; Voth, Hans-Joachim (2021-08-17).
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Hoffmann, Robert (January 2012). "The Experimental Economics of Religion".
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of cooperative in-group behaviours is not unique to religious networks.
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Batson, Charles Daniel; Schoenrade, Patricia; Ventis, W. Larry (1993).
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Religion and the Individual: A Social-Psychological Perspective
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Association for the Study of Religion, Economics, and Culture.
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An Inquiry Into the Nature and Causes of the Wealth of Nations
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The average annual income of countries correlates negatively
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Empirical work examines the causal influence of religion in
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Big Gods: How Religion Transformed Cooperation and Conflict
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distinguish between the two explanations, a problem termed
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laid a foundation for economic analysis for religion in
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to the study of religion and the relationship between
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to Introduction and first 11 of 17 papers, 1939–2002.
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Acton Institute for the Study of Religion and Liberty
399:(1998). "Introduction to the Economics of Religion". 346:(1998). "Introduction to the Economics of Religion". 157: 789:"Household Allocation of Time and Church Attendance" 437:
Acts of Faith: Explaining the Human Side of Religion
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and economic prosperity may have emerged before the
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(2003). 1355:European Network on the Economics of Religion 1106: 905: 786: 617:Islamic Finance: Law, Economics, and Practice 460: 870: 338: 336: 733: 562:   • Paul Oslington, ed., 2003. 552:   • Paul Oslington, ed., 2003. 517:   • Paul Oslington, ed., 2003. 515:of the Association of Christian Economists. 434:Stark, Rodney; Finke, Roger (August 2000). 43:to explain individual behaviour and in the 1014: 993: 843: 615:   • Mahmoud A. El-Gamal, 2006. 433: 395: 342: 1229: 1211: 1067: 954: 812: 747: 545:International Journal of Social Economics 333: 149:perspective where costly rituals exclude 994:Obadia, Lionel; Wood, Donald C. (2011). 940: 636:. London: Methuen & Co. p. 749. 367: 229:Effects of economic outcomes on religion 204:Effects of religion on economic outcomes 190: 116:on moral behaviours and versions of the 1252: 1375: 1023:"Global Index of religion and atheism" 1020: 112:Research highlights the importance of 679: 647: 631: 287:Christian views on poverty and wealth 240: 1291: 197:with national levels of religiosity 13: 1360:"Economists Are Getting Religion," 440:. University of California Press. 158:Experimental economics of religion 14: 1394: 1339: 502:Journal of Markets & Morality 108:Religion and individual behaviour 965:10.1111/j.1467-6419.2011.00716.x 1327: 1294:"The New Economics of Religion" 1285: 1276: 1265:from the original on 2017-10-15 1246: 1187: 1178: 1169: 1160: 1139: 1100: 1047: 987: 934: 899: 864: 837: 780: 727: 700: 621:Description and chapter titles. 1346:Economics of Religion Gateway: 1301:Journal of Economic Literature 1253:Wößmann, Ludger (2017-10-12). 850:. Princeton University Press. 673: 640: 625: 493: 454: 427: 401:Journal of Economic Literature 388: 361: 348:Journal of Economic Literature 1: 1255:"Sind Protestanten schlauer?" 1078:10.1016/S0304-3932(02)00202-7 1056:Journal of Monetary Economics 606:   • _____, 1912. 525:, 10 of 41 papers, 1939–2002. 327: 262: 1113:American Sociological Review 1000:. Emerald Group Publishing. 793:Journal of Political Economy 467:American Sociological Review 415:Journal of Political Economy 368:McCleary, Rachel M. (2011). 317:Religiosity and intelligence 187:Religion and economic growth 163:religion in various games – 136: 127: 7: 1368:"The economics of religion" 943:Journal of Economic Surveys 713:. Oxford University Press. 374:. Oxford University Press. 280: 10: 1399: 758:10.1016/j.jebo.2004.07.007 595:Harvard Theological Review 272:. Controlling for country 62: 1292:Iyer, Sriya (June 2016). 608:The Religion Worth Having 574:Southern Economic Journal 844:Norenzayan, Ara (2013). 529:Review of Social Economy 88:problems like any other 1213:10.1073/pnas.2022881118 686:. Courier Corporation. 570:, 14 papers, 1939–2002. 397:Iannaccone, Laurence R. 344:Iannaccone, Laurence R. 217:. Weber indicates that 564:Economics and Religion 554:Economics and Religion 531:, 59(2). pp. 185–202. 519:Economics and Religion 256:Cistercian monasteries 200: 102:Protestant reformation 908:Sociology of Religion 634:The Wealth of Nations 512:Faith & Economics 307:Sociology of religion 302:Religion and business 194: 90:sector of the economy 73:The Wealth of Nations 57:theological economics 18:economics of religion 1383:Economy and religion 1313:10.1257/jel.54.2.395 680:Weber, Max (2012) . 632:Smith, Adam (1776). 30:religious behaviours 1206:(33): e2022881118. 591:Thomas Nixon Carver 322:Wealth and religion 114:religious orthodoxy 53:Religious economics 1035:on 16 October 2012 538:2006-09-15 at the 292:Buddhist economics 241:Historical aspects 209:were described by 201: 165:Prisoner's dilemma 568:table of contents 523:table of contents 499:For example, the 312:Religious economy 297:Islamic economics 181:parametric choice 169:public goods game 1390: 1334: 1331: 1325: 1324: 1298: 1289: 1283: 1280: 1274: 1273: 1271: 1270: 1250: 1244: 1243: 1233: 1215: 1191: 1185: 1182: 1176: 1173: 1167: 1164: 1158: 1155: 1146: 1143: 1137: 1136: 1104: 1098: 1097: 1071: 1051: 1045: 1044: 1042: 1040: 1034: 1028:. 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Index

economics
economic
religious behaviours
Adam Smith
microeconomics
macroeconomic
economic growth
Adam Smith
The Wealth of Nations
market forces
incentive
competition
sector of the economy
Max Weber
capitalism
Protestant reformation
religious orthodoxy
Golden Rule
clubs
club good
rational choice
free-riders
Prisoner's dilemma
public goods game
ultimatum game
dictator game
parametric choice

with national levels of religiosity
Max Weber

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