Culture, Institutions, and the Wealth of Nations

A-Tier
Journal: Review of Economics and Statistics
Year: 2017
Volume: 99
Issue: 3
Pages: 402-416

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:tpr:restat:v:99:y:2017:i:3:p:402-416
Journal Field
General
Author Count
2
Added to Database
2026-01-25