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| Author: | McBride, M. |
| Title: | Religious market competition in a richer world |
| Journal: | Economica
2010 : JAN, VOL. 77:305, p. 148-171 |
| Index terms: | religion economic growth |
| Language: | eng |
| Abstract: | Despite past predictions, economic growth has not led to a decline in religion. This paper shows how economic growth produces counteracting effects on religious activity in an open religious market using a formal model of religious competition. The study shows that economic growth has little effect in a religious market that is already secularized due to regulations that prohibit religious competition or in a highly religious market with regulations that inhibit secular activities. Theories that predict the decline of religion due to rising opportunity costs of religious demand and supply ignore countervailing influences. |
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