The Sunni–Shia divide: Evidence from international trade
We show a decrease in trade between mainly Sunni and mainly Shia countries after the 1979 Iranian revolution. This outcome is driven by the religious preferences of the political rulers rather than those prevalent in the population. •After 1979, the divide between Sunni and Shia grew wider.•Trade be...
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Published in: | Economics letters Vol. 232; p. 111337 |
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Main Author: | |
Format: | Journal Article |
Language: | English |
Published: |
Elsevier B.V
01-11-2023
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Subjects: | |
Online Access: | Get full text |
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Summary: | We show a decrease in trade between mainly Sunni and mainly Shia countries after the 1979 Iranian revolution. This outcome is driven by the religious preferences of the political rulers rather than those prevalent in the population.
•After 1979, the divide between Sunni and Shia grew wider.•Trade between countries along this divide has reduced.•The decrease reflects the religious beliefs of political leaders.•It does not reflect the religious beliefs of the general population.•The divide is mostly political rather than doctrinal. |
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ISSN: | 0165-1765 1873-7374 |
DOI: | 10.1016/j.econlet.2023.111337 |