Working Paper Series
Does Religiosity Promote Property Rights and the Rule of Law?
() and Christian Bjørnskov
Abstract: Social and cultural determinants of economic institutions
and outcomes have come to the forefront of economic research. We introduce
religiosity, measured as the share for which religion is important in daily
life, to explain institutional quality in the form of property rights and
the rule of law. Previous studies have only measured the impact of
membership shares of different religions, with mixed results. We find, in a
cross-country regression analysis comprising up to 112 countries, that
religiosity is negatively related to our institutional outcome variables.
This only holds in democracies (not autocracies), which suggests that
religiosity affects the way institutions work through the political
process. Individual religions are not related to our measure of
Keywords: Religion; Religiosity; Rule of law; Property rights; Institutions; (follow links to similar papers)
JEL-Codes: K11; K42; Z12; (follow links to similar papers)
27 pages, March 6, 2012
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- This paper is published as:
Berggren, Niclas and Christian Bjørnskov, (2013), 'Does Religiosity Promote Property Rights and the Rule of Law?', Journal of Institutional Economics, Vol. 9, June, No. 2, pages 161-185
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