Journal article

Religiosity, income and wellbeing in developing countries

Sefa Awaworyi Churchill, Samuelson Appau, Lisa Farrell

EMPIRICAL ECONOMICS | PHYSICA-VERLAG GMBH & CO | Published : 2019

Abstract

This study examines the relationship between religiosity, income and subjective wellbeing in a sample of developing countries using data from the World Values Survey Waves 2–6 (1990–2014). Beyond examining the effects of religiosity and income on subjective wellbeing separately and independently, we also examine how the interaction between religiosity and income affects wellbeing. Our results suggest that while both religiosity and income positively affect wellbeing, the effect of income on wellbeing is relatively stronger (quantitatively larger in size) than the effects of religiosity. Furthermore, we find evidence in favour of complementarity between religiosity and income which show stron..

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University of Melbourne Researchers