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R. Klump and O. de la Grandville, “Economic Growth and the Elasticity of Substitution: Two Theorems and Some Suggestions,” American Economic Review, Vol. 90, No. 1, 2000, pp. 282-291. doi:10.1257/aer.90.1.282

has been cited by the following article:

• TITLE: A Model of the Religious Transition

  AUTHORS: Erich Gundlach, Martin Paldam

  KEYWORDS: Religious Transition; Religiosity; Religious Beliefs; Solow Model

  JOURNAL NAME: Theoretical Economics Letters, Vol.2 No.5, December 19, 2012

  ABSTRACT: The religious transition is the decline of religiosity with rising levels of income. The empirical robustness of the transition has been demonstrated. It appears that the transition is driven by the substitution of scientific knowledge for religious beliefs, which characterizes the process of modern economic growth. This note models the substitution process. A Solow model with CES technology generates the transition path with endogenous growth and reveals a direct link between the substitution parameter and the estimated transition parameter.