Research Article

Religiosity, Economic Growth and Development Dynamics: An International Perspective

Number: 81 July 26, 2024
EN TR

Religiosity, Economic Growth and Development Dynamics: An International Perspective

Abstract

This study examines the relationship between religiosity and economic growth as an indicator of modernization. It also examines the relationship between religiosity and various dimensions of development such as educational attainment, mortality rate, and urbanization. To this end, average country-level data from 6 different survey waves of the World Values Survey, spanning the period 1989-2022, and various data sources, including the World Christian Encyclopedia, Religion and State Project, Penn World Table, World Development Indicators are utilized. The analyses include a maximum of 108 countries. The ongoing secularization paradigm is experienced differently in each society, depending on the predominance of religious belief and societal characteristics, including the degree of cultural and social diversity. The Seemingly Unrelated Regression method is employed to address the potential problem of correlation between the error terms of the regressions utilizing different religiosity indicators. Estimates indicate that religiosity is negatively associated with economic growth, the presence of a state religion and religious pluralism, while it is positively associated with state regulation of the religious market. Education, which is one of the most fundamental indicators of development, is positively correlated with religiosity. Nevertheless, the most characteristic indicator of modernization and development, urbanization, is negatively related to religiosity.

Keywords

References

  1. Barrett, D. B., Kurian, G. T., & Johnson, T. M. (2001). In World Christian encyclopedia: A comparative survey of churches and religions in the modern world (Vol. I, pp. 834-835). New York, NY: Oxford University Press.
  2. Barro, R. J., & McCleary, R. M. (2003a). Religion and economic growth (National Bureau of Economic Research Working Paper No. 9682). Retrieved from https://www.nber.org/digest/nov03/religion-and-economic-growth.
  3. Barro, R., & McCleary, R. M. (2003b). International determinants of religiosity (National Bureau of Economic Research Working Paper No. 10147). Retrieved from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=476104.
  4. Barro, R. J., & Lee, J. W. (2021). Barro-Lee educational attainment dataset [Data set]. https://barrolee.github.io/BarroLeeDataSet/
  5. Baum, C. F. (2006). An introduction to modern econometrics using Stata. College Station, TX: Stata Press.
  6. Berger, P. L. (1967). The sacred canopy: elements of a sociological theory of religion. New York: Doubleday & Company, Inc.
  7. Bruce, S. (2001). Christianity in Britain, R. I. P. Sociology of Religion, 62(2), 191-203.
  8. Bruce, S. (2011). Secularization: In defence of an unfashionable theory. Oxford: Oxford University Press.

Details

Primary Language

English

Subjects

Political Economy

Journal Section

Research Article

Publication Date

July 26, 2024

Submission Date

May 2, 2024

Acceptance Date

June 24, 2024

Published in Issue

Year 2024 Number: 81

APA
Ünal, H. S. (2024). Religiosity, Economic Growth and Development Dynamics: An International Perspective. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, 81, 249-261. https://doi.org/10.51290/dpusbe.1477250
AMA
1.Ünal HS. Religiosity, Economic Growth and Development Dynamics: An International Perspective. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2024;(81):249-261. doi:10.51290/dpusbe.1477250
Chicago
Ünal, Hüseyin Safa. 2024. “Religiosity, Economic Growth and Development Dynamics: An International Perspective”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, nos. 81: 249-61. https://doi.org/10.51290/dpusbe.1477250.
EndNote
Ünal HS (July 1, 2024) Religiosity, Economic Growth and Development Dynamics: An International Perspective. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi 81 249–261.
IEEE
[1]H. S. Ünal, “Religiosity, Economic Growth and Development Dynamics: An International Perspective”, Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, no. 81, pp. 249–261, July 2024, doi: 10.51290/dpusbe.1477250.
ISNAD
Ünal, Hüseyin Safa. “Religiosity, Economic Growth and Development Dynamics: An International Perspective”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 81 (July 1, 2024): 249-261. https://doi.org/10.51290/dpusbe.1477250.
JAMA
1.Ünal HS. Religiosity, Economic Growth and Development Dynamics: An International Perspective. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2024;:249–261.
MLA
Ünal, Hüseyin Safa. “Religiosity, Economic Growth and Development Dynamics: An International Perspective”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, no. 81, July 2024, pp. 249-61, doi:10.51290/dpusbe.1477250.
Vancouver
1.Hüseyin Safa Ünal. Religiosity, Economic Growth and Development Dynamics: An International Perspective. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2024 Jul. 1;(81):249-61. doi:10.51290/dpusbe.1477250