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  • Cited by 2
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    This article has been cited by the following publications. This list is generated based on data provided by CrossRef.

    Gohmann, Stephan F. 2015. Why Are There so Few Breweries in the South?. Entrepreneurship Theory and Practice, p. n/a.


    Wiseman, Travis 2015. Entrepreneurship, corruption, and the size of US underground economies. Journal of Entrepreneurship and Public Policy, Vol. 4, Issue. 3, p. 313.


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Religion: productive or unproductive?

  • TRAVIS WISEMAN (a1) and ANDREW YOUNG (a2)
  • DOI: http://dx.doi.org/10.1017/S174413741300026X
  • Published online: 28 August 2013
Abstract
Abstract:

In this paper, we investigate the relationships between informal institutions – proxied for by measures of religiosity – and levels of entrepreneurial activity, both productive and unproductive, using cross-section US state-level data. In doing so, we evaluate Baumol's (1990) conjectures on the role of institutions in determining whether entrepreneurs will channel their efforts toward wealth-generating activities or toward zero- or negative-sum rent-seeking. We distinguish between measures of both the belief (e.g., the frequency of prayer) and belonging (e.g., church attendance) that have been stressed by authors such as Barro and McCleary (2003). We find that several religious variables significantly and negatively correlate with a state's productive entrepreneurship score. Alternatively, most religious variables in our data do not correlate significantly with unproductive entrepreneurship. We also find that the percent of individuals reporting as atheist/agnostic is positively associated with productive entrepreneurship.

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Corresponding author
*Email: twiseman@business.msstate.edu
**Email: Andrew.Young@mail.wvu.edu
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Journal of Institutional Economics
  • ISSN: 1744-1374
  • EISSN: 1744-1382
  • URL: /core/journals/journal-of-institutional-economics
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