Religious Market Competition in a Richer World
Michael T. McBride
University of California, Irvine - Department of Economics
Economica, Vol. 77, Issue 305, pp. 148-171, January 2010
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.
Number of Pages in PDF File: 24
Date posted: December 28, 2009
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