Do different religions lead to different economic behavior? « Mostly Economics


English: Predominant religion in the Netherlan...

English: Predominant religion in the Netherlands before the rise of secularism and the arrival of immigrant faiths. Green: Catholicism, Red: Protestantism. (Photo credit: Wikipedia)

 

H1. Contributions to public goods are affected positively by Protestantism and negatively by Catholicism (Putnam, 1993; La Porta et al., 1997).H2. Trust is affected positively by Protestantism and negatively by Catholicism, and trust is the mechanism explaining the relationship between religion and public goods contributions (Putnam, 1993; La Porta et al., 1997).H3. Financial risk-taking is reduced by religion. Kumar, Page, and Spalt (2009) argue that risk-taking is reduced by Protestantism, whereas Hilary and Hui (2009) argue that risk taking is reduced by both Protestantism and Catholicism.H4. Thrift and capital accumulation are promoted by religion (Weber, 1930; Guiso, Sapienza, and Zingales, 2003; Barro and McCleary, 2003, 2006).H5. Generosity is increased by religion (Friedrichs, 1960; Batson, Schoenrade, and Ventis, 1993).H6. Work ethic is increased by religion, and especially by Protestantism (Weber, 1930; Barro and McCleary, 2003, 2006).

 

Do different religions lead to different economic behavior? « Mostly Economics

 

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