Economics at your fingertips  

Economic Freedom and Religion

Arye Hillman () and Niklas Potrafke ()

Public Finance Review, 2018, vol. 46, issue 2, 249-275

Abstract: There has been much study of the consequences of economic freedom but, outside of the role of political institutions, there has been little study of the determinants of economic freedom. We investigate whether religion affects economic freedom. Our cross-sectional data set includes 137 countries averaged over the period 2001–2010. Simple correlations show that Protestantism is associated with economic freedom, Islam is not, with Catholicism in between. The Protestant ethic requires economic freedom. Our empirical estimates, which include religiosity, political institutions, and other explanatory variables, confirm that Protestantism is most conducive to economic freedom.

Keywords: economic freedom; Protestant ethic; religion; religiosity; Catholicism; Islam; democracy; autocracy (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Public Finance Review
Bibliographic data for series maintained by SAGE Publications ().

Page updated 2021-05-15
Handle: RePEc:sae:pubfin:v:46:y:2018:i:2:p:249-275