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Examining The Effect Of Religion On Economic Growth: A Partial Replication And Extension, Sophia M. Korman

Honors Theses, 1963-2015

Economic growth is the fundamental measurement that assesses a country’s productive capacity in terms of goods and services. It is conventionally estimated using the percent rate of increase in GDP per capita and is correlated with numerous factors in society, among which include quality of life. For example, one application of GDP per capita is as a primary indicator of standard of living. However, although GDP per capita is a reliable determinant of the level of development in a country, it is certainly not the only way to measure well-being. For instance, it fails to capture many important aspects of …