Transaction Costs and Islam: Explaining Conversion in Africa
Journal of Institutional and Theoretical Economics (JITE), 1997, vol. 153, issue 1, 4-
The association between the expansion of trade and conversion to Islam has been noted all over the world. In this paper the author integrates the data from Africa with a transaction cost argument that helps explain the economic logic behind this oft-noted association. The author also considers the case of the recent conversion to Islam by the Orma of East Africa, which fits the general pattern for Africa.
JEL-codes: L14 O17 A14 P4 (search for similar items in EconPapers)
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