Does Religion Distribution Matter in the Economic Growth of Latin America?

Abstract

This research empirically analyzes the relationship between religion distribution and_x000D_ economic performance for a number of Latin American countries. The econometric results_x000D_ using time-series cross-sectional data yield consistent yet relatively mild estimates. Religion_x000D_ as a conduit for modifying values, behaviors, and outcomes does influence aggregate rates of per-capita economic growth and total factor productivity ratios in the region. However,_x000D_ once broken down by religious beliefs, the Catholic religion plays by far the largest role,_x000D_ rendering other well-known religious affiliations less important.