Investigating and Modeling the Effect of Oblation on Religious Affairs on Macroeconomic Variables in the Iranian Economy

Abstract

One of the important economic issues in Islamic societies intertwined with religion and culture is the issue of oblation. Among the most important types of oblations that are recognizable in past and present societies are the obligatory and non-binding oblations that are performed in the context of religious boards. The purpose of this paper is to investigate the interplay of religiosity in the context of religious boards and macroeconomic indicators including employment rate, Gini coefficient, and GDP. The end is also fuzzy based on the CFCS technique and structural equations with partial least squares (PLS) are used for data analysis. Accordingly, the increase in the volume of the economy has an effect on employment growth with the path coefficient of 0.48, GDP growth of path coefficient of 0.3 and the Gini coefficient of path coefficient of 0.28. Inflation and improvement of the business environment, with the coefficients of 0.92 and 0.88 respectively, had the greatest effect on increasing the volume of rainfall in the country, respectively.

Keywords

• oblation
• religious board
• structural equations
• third sector of economy
• employment