Abstract

http://ssrn.com/abstract=2014751
 
 

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Does Religiosity Promote Property Rights and the Rule of Law?


Niclas Berggren


The Research Institute of Industrial Economics (IFN)

Christian Bjørnskov


Aarhus University - Department of Economics and Business; Center for Political Studies

March 2, 2012

IFN Working Paper No. 905

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 institutional quality.

Number of Pages in PDF File: 27

Keywords: Religion, religiosity, rule of law, property rights, institutions

JEL Classification: K11, K42, Z12

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Date posted: March 3, 2012 ; Last revised: April 24, 2012

Suggested Citation

Berggren, Niclas and Bjørnskov, Christian, Does Religiosity Promote Property Rights and the Rule of Law? (March 2, 2012). IFN Working Paper No. 905. Available at SSRN: http://ssrn.com/abstract=2014751 or http://dx.doi.org/10.2139/ssrn.2014751

Contact Information

Niclas Berggren (Contact Author)
The Research Institute of Industrial Economics (IFN) ( email )
Box 55665
Grevgatan 34, 2nd floor
Stockholm, SE-102 15
Sweden
HOME PAGE: http://www.ifn.se/nb
Christian Bjørnskov
Aarhus University - Department of Economics and Business ( email )
Fuglesangs Allé 4
Aarhus V, DK-8210
Denmark
Center for Political Studies
Landgreven 3
Copenhagen K, DK-1301
Denmark
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