A Research Agenda for New Institutional Economics
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A Research Agenda for New Institutional Economics

Edited by Claude Ménard and Mary M. Shirley

Consisting of 30 concise chapters written by top scholars, this Research Agenda probes the knowledge frontiers of issues long at the forefront of New Institutional Economics (NIE), including government, contracts and property rights. It examines pressing research questions surrounding norms, culture, and beliefs. It is designed to inform and inspire students and those starting their careers in economics, law and political science. Well-established scholars will also find the book invaluable in updating their understanding of crucial research questions and seeking new areas to explore.
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Chapter 20: Religion and institutions

Sriya Iyer

Abstract

Given the importance of religion to the history of humankind there is comparatively less research in economics on religion and institutions than might have been expected. This chapter explores the channels through which religion affects institutions; key themes in the economics of religion; theoretical frameworks for the study of religion; the relationship between religion and economic growth; the role of the state and its consequences for religious freedom; and social practices. This chapter argues that while there are established theoretical frameworks in economics for examining religion, more research is urgently needed on the interactions between religion and economic growth, and how the state may influence and interact with religious organizations. This role extends to political institutions and social practices associated with religious matters.

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