Do religious beliefs affect borrowing behavior? Evidence from Chinese households

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• 作者：Zhong Chunping ; Pan Li ; Shu Lingwei
• 关键词：Religious believing ; Religious denomination ; Borrowing behavior
• 刊名：Review of Economics of the Household
• 出版年：2016
• 出版时间：December 2016
• 年：2016
• 卷：14
• 期：4
• 页码：989-1005
• 全文大小：461 KB
• 刊物类别：Business and Economics
• 刊物主题：Economics
  Microeconomics
  Labor Economics
  Population Economics
  Social Sciences
  
• 出版者：Springer Netherlands
• ISSN：1573-7152
• 卷排序：14

文摘

This paper discusses the impact of religious culture on micro financial decisions. Data concerning the religious beliefs of Chinese respondents was collected in 2007. We analyzed the data for the potential influence of religious beliefs on household borrowing decisions. By applying the ordered logit regression methods and IV estimator, we found that respondents with a religious family background borrowed less when other conditions remained unchanged. It was also discovered that, compared with non-believers, Buddhists borrow less than adherents of other religions. No other religious beliefs had a statistically significant influence. That is to say, different religious denominations exert different influences on Chinese household borrowing decisions.