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Religion and Economic Development

Religion and Economic Development - A study on Religious variables influencing GDP growth over countries Wonsub Eum* University of California, Berkeley Thesis Advisor: Professor Jeremy Magruder April 29, 2011 * I would like to thank Professor Jeremy Magruder for his valuable advice and guidance throughout the paper. I would also like to thank Professor Roger Craine, Professor Sofia Villas-Boas, and Professor Minjung Park for their advice on this research. Any error or mistake is my own. Abstract Religion is a popular topic to be considered as one of the major factors that affect people s lifestyles.

studied India, Malaysia, and Ghana, and his null hypothesis that religious affiliation is uncorrelated with performance is frequently rejected. The regressions do not yield any significant influence from a specific religion, and the results do not support the notion that Islam is inimical to economic growth. Rather he found out positive ...

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