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Culture and Economic Systems
Author(s) -
Pryor Frederic L.
Publication year - 2007
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.2007.00541.x
Subject(s) - cultural system , democracy , cluster (spacecraft) , value systems , value (mathematics) , economic analysis , economic system , economic geography , geography , economy , political science , development economics , economics , sociology , classical economics , social science , mathematics , politics , computer science , statistics , law , programming language
A bstract .  Applying a cluster analysis to the results of the World Value Study, this article shows that the OECD nations have five distinct patterns of cultural characteristics. Moreover, these five cultural systems are almost the same as a classification of economic systems that have been derived from a cluster analysis of their economic institutions. A comparison of the cultural characteristics of East and West Germany suggests that the economic system has relatively little influence on the cultural systems. Instead, in a democracy, where the economic system is not imposed by force, the cultural characteristics are more likely to determine the economic system, rather than the reverse.

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