Download full text
(223.3Kb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-95480-1
Exports for your reference manager
Why is the West unique in linking religiosity to market friendliness?
[journal article]
Abstract The Integrated Values Survey shows that the positive relationship between religiosity and market friendliness is a uniquely Western feature. With the help of public choice theory, the author hypothesises that this Western uniqueness is the result of the way the dimensions of political ideologies are... view more
The Integrated Values Survey shows that the positive relationship between religiosity and market friendliness is a uniquely Western feature. With the help of public choice theory, the author hypothesises that this Western uniqueness is the result of the way the dimensions of political ideologies are formed in the West. The hypothesis is supported by regressing an index of market friendliness on a religiosity index, political identity, and a measure of ‘ideological capital’. Accounting for the latter two, the positive association of religiosity with market friendliness vanishes, even in the West.... view less
Keywords
religiousness; Western world; market economy; political identity; political ideology; secularization; economic development (single enterprise); cultural difference; EVS
Classification
Basic Research, General Concepts and History of Economics
Free Keywords
economic attitudes; political entrepreneurship; EVS Trend File 1981-2017 (ZA7503 v3.0.0)
Document language
English
Publication Year
2023
Page/Pages
p. 73-88
Journal
Economic Affairs, 43 (2023) 1
DOI
https://doi.org/10.1111/ecaf.12557
ISSN
0265-0665
Status
Published Version; peer reviewed