Religiosity, income and wellbeing in developing countries

Sefa Awaworyi Churchill, Samuelson Appau () and Lisa Farrell ()
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Samuelson Appau: RMIT University

Empirical Economics, 2019, vol. 56, issue 3, No 8, 959-985

Abstract: Abstract This study examines the relationship between religiosity, income and subjective wellbeing in a sample of developing countries using data from the World Values Survey Waves 2–6 (1990–2014). Beyond examining the effects of religiosity and income on subjective wellbeing separately and independently, we also examine how the interaction between religiosity and income affects wellbeing. Our results suggest that while both religiosity and income positively affect wellbeing, the effect of income on wellbeing is relatively stronger (quantitatively larger in size) than the effects of religiosity. Furthermore, we find evidence in favour of complementarity between religiosity and income which show stronger effects on wellbeing than the individual effects of income and religiosity.

Keywords: Religion; Religiosity; Income; Wellbeing; Life satisfaction; Developing countries (search for similar items in EconPapers)
JEL-codes: I31 Z12 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (12)

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DOI: 10.1007/s00181-017-1380-9

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