Religious Attitudes and Home Bias: Theory and Evidence from a Pilot Study
University of Hamburg
University of Manchester
University of Bologna - Department of Economics
University of York (UK) - Centre for Health Economics
February 14, 2012
Quaderni DSE Working Paper No. 811
This paper examines the relationship between religion and home bias.
We propose a simple theoretical framework that suggests that countries interacting via their representative individuals might show a certain degree of religion-driven international altruism that in turn affects trade. We test these predictions exploiting data from a survey on religious attitudes and individuals' preferences over consumption of home-produced versus foreign goods that we designed and carried out in 15 different countries.
We find evidence that religious openness and home bias are negatively correlated. This appears to provide some support to the hypothesis that religious openness, through trust and altruism, may have a pro-trade effect.
Number of Pages in PDF File: 32
Keywords: religion, home bias, openness, pilot survey
JEL Classification: Z12, Z10, F15working papers series
Date posted: February 14, 2012
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