Culture, Institutions, and the Wealth of Nations
研究认为个人主义文化通过提高创新者的社会地位促进创新和经济增长,利用基因频率等工具变量验证了个人主义与创新增长之间的稳健关系,并发现文化与制度存在双向因果。
We argue that a more individualist culture leads to more innovation and to higher growth because of the social status rewards associated with innovation in that culture. We use data on the frequency of particular genes associated with collectivist cultures, as well as a measure of distance in terms of frequencies of blood types, and historic prevalence of pathogens to instrument individualism scores. The relationship between individualism and innovation/growth remains strong even after controlling for institutions and other potentially confounding factors. We also provide evidence consistent with two-way causality between culture and institutions.