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Author: | Grier, R. |
Title: | The effect of religion on economic development: A crosss national study of 63 former colonies |
Journal: | Kyklos
1997 : VOL. 50:1, p. 47-62 |
Index terms: | ECONOMIC GROWTH COLONIALISM RELIGION TEST STATISTICS |
Language: | eng |
Abstract: | In this paper I present a statistical test of the hypothesis that Protestantism is positively associated with economic growth. I also investigate whether religion can help to explain why ex-Spanish and French colonies have significantly lower economic growth than ex-British colonies. I find that the growth rate of Protestantism is significantly and positively correlated with real GDP growth, and that the level of Protestantism is significantly related to real per-capita GDP levels. While the results imply that Protestantism plays an important level in development, its inclusion in the cross-country regressions do not close the gap between the ex-colonial states. |
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