Is God Good for Trade?

29 Pages Posted: 20 Jul 2007

See all articles by Matthias Helble

Matthias Helble

Asian Development Bank; ADBI; ADBI

Abstract

As the world economy is integrating, trade between countries is growing rapidly. The exchange of goods not only has an economic, but also a cultural dimension. In the gravity equation literature common religion is often used as a control variable, without distinguishing between religious groups. This paper investigates the possible ways in which religion influences international trade patterns. Analyzing empirically trade flows between 151 countries, the paper finds that the five world religions, namely Hinduism, Judaism, Buddhism, Christianity, and Islam, have different impacts on trade. For inter-religious trade the study indicates that several religions have clear preferences with whom to trade or not. Furthermore, the results indicate that religious openness boosts trade performance of countries.

Suggested Citation

Helble, Matthias, Is God Good for Trade?. Kyklos, Vol. 60, No. 3, pp. 385-413, August 2007, Available at SSRN: https://ssrn.com/abstract=1001367 or http://dx.doi.org/10.1111/j.1467-6435.2007.00377.x

Matthias Helble (Contact Author)

Asian Development Bank ( email )

Philippines
006326831120 (Phone)

ADBI ( email )

Kasumigaseki Building 8F
3-2-5, Kasumigaseki, Chiyoda-ku
Tokyo, 100-6008
Japan

ADBI ( email )

Kasumigaseki Building 8F
3-2-5, Kasumigaseki, Chiyoda-ku
Tokyo, 100-6008
Japan

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