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The New Economics of Religion

Journal of economic literature, 2016-06, Vol.54 (2), p.395-441 [Peer Reviewed Journal]

Copyright © 2016 American Economic Association ;Copyright American Economic Association Jun 2016 ;ISSN: 0022-0515 ;EISSN: 2328-8175 ;DOI: 10.1257/jel.54.2.395 ;CODEN: JECLB3

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  • Title:
    The New Economics of Religion
  • Author: Iyer, Sriya
  • Subjects: Behavior ; Capitalism ; Cooperation ; Donations ; Econometrics ; Economic growth ; Economic history ; Economic policy ; Economic theory ; Economics ; Economists ; Hypotheses ; Political economy ; Religion ; Religious history ; Secularism ; Studies ; Terrorism
  • Is Part Of: Journal of economic literature, 2016-06, Vol.54 (2), p.395-441
  • Description: 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 ongins 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 econometnc 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, vanable; and (4) more studies of religion outside the Western world. Based on these developments, this paper discusses four themes—first, seculanzation, pluralism, regulation, and economic growth; second, religious markets, club goods, differentiated products, and networks; third, identification including secular competition and chantable 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.
  • Publisher: Nashville: American Economic Association
  • Language: English
  • Identifier: ISSN: 0022-0515
    EISSN: 2328-8175
    DOI: 10.1257/jel.54.2.395
    CODEN: JECLB3
  • Source: ProQuest Central
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