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Was Adam Smith Right About Religious Competition?

Peter Boettke, Joshua Hall and Kathleen Sheehan
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Kathleen Sheehan: Creighton University, Heider College of Business

No 15-47, Working Papers from Department of Economics, West Virginia University

Abstract: Adam Smith famously argued that increased competition in religion would result in more religious tolerance and that the benefits of competition in the marketplace would also be seen in religious instruction when many religious sects are tolerated. We use a cross-section of a maximum of 167 countries to explore whether increased religious competition results in less governmental regulation of religion and less governmental favoritism of religion. Our measure of religious regulation and favoritism comes from the Association of Religion Data Archives. Our empirical analysis also explores the influence of economic and political factors, including the size of the economy, openness of trade, legal origins, education, the amount of checks and balances on the government and the role of democracy.

Keywords: religious freedom; regulation; democracy (search for similar items in EconPapers)
JEL-codes: Z12 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2015-10
New Economics Papers: this item is included in nep-gro, nep-his and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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