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This research
empirically analyzes the relationship between religion distribution
and economic performance for a number of Latin American countries.
The econometric results using time-series cross-sectional data yield
consistent yet relatively mild estimates. Religion as a conduit for
modifying values, behaviors, and outcomes does influence aggregate
rates of per-capita economic growth and total factor productivity
ratios in the region. However, once broken down by religious
beliefs, the Catholic religion plays by far the largest role,
rendering other well-known religious affiliations less important. |