Which Dimensions of Culture Matter for Long-Run Growth? | Zendy

Yuriy Gorodnichenko | Zendy; Gérard Roland | Zendy

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Which Dimensions of Culture Matter for Long-Run Growth?

Author(s) -

Yuriy Gorodnichenko,

Gérard Roland

Publication year - 2011

Publication title -

american economic review

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 16.936

H-Index - 297

eISSN - 1944-7981

pISSN - 0002-8282

DOI - 10.1257/aer.101.3.492

Subject(s) - collectivism , hofstede's cultural dimensions theory , individualism , individualistic culture , economics , dimension (graph theory) , empirical evidence , social psychology , positive economics , econometrics , economic geography , psychology , mathematics , philosophy , epistemology , pure mathematics , market economy

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.

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