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, Volume 62, Issue 3, pp 201–215 | Cite as

Religion, liberty and economic development: An empirical investigation

  • Fred Glahe
  • Frank Vorhies
Article

Conclusion

The empirical investigations conducted for this paper show that one can not accept the null hypothesis that religion and liberty are not related to development. Judeo-Christianity in particular appears to an important determinant of economic development. This is explained in part by its fostering of the private ownership of property. Nations with the Judeo-Christian values are more likely to have political democracies that are conductive to economic development. Capitalist economies with Judeo-Christian democracy are more likely to have higher levels of economic development.

Keywords

Null Hypothesis Economic Development Important Determinant Public Finance Empirical Investigation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1989

Authors and Affiliations

  • Fred Glahe
    • 1
  • Frank Vorhies
    • 2
  1. 1.Department of EconomicsUniversity of ColoradoBoulder
  2. 2.Department of Business EconomicsUniversity of the WitwatersrandWitsRepublic of South Africa

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