Repository logo
 

The New Economics of Religion


Change log

Abstract

jats:p The economics of religion is a relatively new field of research in economics. This survey serves two purposes—it is backward-looking in that it traces the historical and sociological origins of this field, and it is forward-looking in that it examines the insights and research themes that are offered by economists to investigate religion globally in the modern world. Several factors have influenced the economics of religion: (1) new developments in theoretical models including spatial models of religious markets and evolutionary models of religious traits; (2) empirical work that addresses innovatively econometric identification in examining causal influences on religious behavior; (3) new research in the economic history of religion that considers religion as an independent, rather than a dependent, variable; and (4) more studies of religion outside the Western world. Based on these developments, this paper discusses four themes— first, secularization, pluralism, regulation, and economic growth; second, religious markets, club goods, differentiated products, and networks; third, identification including secular competition and charitable giving; and fourth, conflict and cooperation in developing societies. In reviewing this paradoxically ancient yet burgeoning field, this paper puts forward unanswered questions for scholars of the economics of religion to reflect upon in years to come. (JEL D64, D72, L31, O43, Z12, Z13) </jats:p>

Description

Keywords

38 Economics, 3801 Applied Economics, 3803 Economic Theory, 10 Reduced Inequalities

Journal Title

Journal of Economic Literature

Conference Name

Journal ISSN

0022-0515

Volume Title

54

Publisher

American Economic Association