Theoretical Economics Letters

Volume 10, Issue 5 (October 2020)

ISSN Print: 2162-2078   ISSN Online: 2162-2086

Google-based Impact Factor: 1.19  Citations  h5-index & Ranking

Economic Modeling of the Behavior of Revival Churches in a Static Setting

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DOI: 10.4236/tel.2020.105062    340 Downloads   1,041 Views  
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ABSTRACT

This article is a contribution to the growing literature on the economics of religion. Indeed, to our knowledge, there is no study aimed at explaining the behavior of a revival church from a theoretical model. More precisely, we consider a household which, to maximize its usefulness, claims to be inhabited by the Holy Spirit, becomes a pastor and transforms its habitat into a church. He allocates his time in such a way as to attract and maintain faithful who, born again, offer their work in religious activity and/or make financial contributions. We show that the behavior of revival or awakened churches (Evangelical, Pentecostal, neo-Pentecostal, charismatic or prophetic) is fundamentally determined by the economic context: the level of employability, on the one hand, and the gap between the salary outside the church habitat and the internal salary fixed by the household-pastor to remunerate religious activity, on the other hand. In addition, we argue that in Africa, Revival Churches officiate in a context of unemployment and employ the maximum number of faithful in church activities and improvement. In return, they receive a remuneration lower than that of the labor market (case 4).

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Ondo, A. (2020) Economic Modeling of the Behavior of Revival Churches in a Static Setting. Theoretical Economics Letters, 10, 1053-1072. doi: 10.4236/tel.2020.105062.

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