Which Dimensions of Culture Matter for Long-Run Growth?
基于Hofstede的文化维度数据,发现个人主义-集体主义维度对长期增长的影响最显著且稳健,其他维度的影响较弱且与个人主义高度相关。
We present empirical evidence that, among a variety of cultural dimensions, the individualism-collectivism dimension, based on Hofstede's (2001) data, is the most important and robustly significant effect of culture on long run growth. Other dimensions that have a significant effect, albeit less robust, are generally strongly correlated with individualism and convey similar information. We found no significant or robust effect on growth from cultural dimensions that are independent from the individualism-collectivism cleavage.