Do religious freedom vis-a-vis trade openness affect economic growth?: a cross-country empirical investigation
Do religious freedom vis-a-vis trade openness affect economic growth?: a cross-country empirical investigation
Does religious freedom steer economic growth impact of trade-openness? This paper employs the method of moments-quantile regression to panel data of 117 developed and developing countries to show that countries that accommodate greater liberal religious beliefs enjoy, on average, higher growth in per capita income via deeper trade openness. Empirical results reveal that the dynamic nexus between trade and economic growth across developing countries is subject to the institutional environment. Therefore, results indicate that trade openness favours economic growth when institutional quality improves.
119-137
Behera, Smruti Ranjan
a34cd079-b16b-41ea-b64d-adc36c754f5e
Mishra, Tapas
218ef618-6b3e-471b-a686-15460da145e0
Dash, Devi Prasad
1c185f2f-29da-46b7-a448-b060570f8748
14 February 2023
Behera, Smruti Ranjan
a34cd079-b16b-41ea-b64d-adc36c754f5e
Mishra, Tapas
218ef618-6b3e-471b-a686-15460da145e0
Dash, Devi Prasad
1c185f2f-29da-46b7-a448-b060570f8748
Behera, Smruti Ranjan, Mishra, Tapas and Dash, Devi Prasad
(2023)
Do religious freedom vis-a-vis trade openness affect economic growth?: a cross-country empirical investigation.
Theoretical Economics Letters, 13 (1), .
(doi:10.4236/tel.2023.131007).
Abstract
Does religious freedom steer economic growth impact of trade-openness? This paper employs the method of moments-quantile regression to panel data of 117 developed and developing countries to show that countries that accommodate greater liberal religious beliefs enjoy, on average, higher growth in per capita income via deeper trade openness. Empirical results reveal that the dynamic nexus between trade and economic growth across developing countries is subject to the institutional environment. Therefore, results indicate that trade openness favours economic growth when institutional quality improves.
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tel_2023021309563833
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Accepted/In Press date: 11 February 2023
Published date: 14 February 2023
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Local EPrints ID: 476188
URI: http://eprints.soton.ac.uk/id/eprint/476188
ISSN: 2162-2086
PURE UUID: a90c29d6-d8e3-4250-a049-3ac6c702c744
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Date deposited: 13 Apr 2023 16:51
Last modified: 17 Mar 2024 03:36
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Author:
Smruti Ranjan Behera
Author:
Devi Prasad Dash
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