Question

What is the relationship between religion and gdp? List/explain 4 factors that contribute to this.

Answer 1

A link between the degree of religious freedom or religiosity in a nation and GDP per capita has been found in past studies. Such surveys have shown that GDP per capita is higher in countries with higher levels of religious freedom, or that countries with higher per capita GDP levels have higher levels of religious freedom. Religiosity findings are similar in that per capita GDP levels are lower in countries with higher levels of religiosity. By integrating these two variables using various indicators of religious freedom and religiosity, this study builds on these previous findings. Countries with more religious freedom mean that they still have freedom in other fields, with all of these freedoms important for higher income levels, whereas nations with higher levels of religiosity are likely to sacrifice higher per capita GDP levels in order to be able to practise their faith.

Additional variables were used to separate their association with GDP per capita, along with the various indices of religiosity and religious freedom considered. Economic equality, civil liberty, human rights, and percent of GDP from natural capital were additional control variables not linked to the religious variables. Many of the religious freedom and religious initiatives is identical or insignificant to the findings of previous research.

In line with the previous report, the findings found that higher levels of religiosity in a nation were correlated with lower per capita GDP levels. This study, however, showed that having a state religion had a good positive association with GDP per capita, contrary to previous research. The often-heard statement is that certain nations with a state religion are often resource-rich nations that may override other considerations that have not been shown to be the case that restrict per capita income. The most important model contained both state religion and natural capital as a proportion of GDP of the different models considered, with the two showing a relatively low degree of association.