American Economic Review Vol. 101 No. 3 2011

Which Dimensions of Culture Matter for Long-Run Growth?

Yuriy Gorodnichenko¹; Gérard Roland²

¹ Department of Economics, University of California, Berkeley, 549 Evans Hall #3880, Berkeley, CA 94720, and NBER. · ² University of California, Berkeley, 627 Evans Hall #3880, and CEPR.

Abstract

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.

DOI

10.1257/aer.101.3.492

Volume

101

Issue

3

Pages

492-498

Language

en

Sources

bibtex:phds-export.bib crossref openalex

Cite

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