Culture, Institutions, and the Wealth of Nations
By Y. Gorodnichenko, Gérard Roland. Review of Economics and Statistics, 2017
580 citations recorded by the source corpus.
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.
Subfields: Demography, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/67e5afd798d533659887a2872274ee5770099c08
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Citations in the corpus
- Culture and Institutions (2015, unknown): “More recently, Gorodnichenko and Roland (2013b) studied the importance of culture as a determinant of democratization.”
- Lost in Translation? The Effect of Cultural Values on Mergers Around the World (2015, unknown): “As with other cultural values, there is little theoretical research in economics that tries to understand the role of individualism, though recent exceptions are Tabellini (2008) and Gorodnichenko and Roland (2010).”
- State and Development: The Need for a Reappraisal of the Current Literature† (2016, background): “Consistent with this, Harding and Stasavage (2012) cite evidence that in Africa democracies have higher rates of school attendance than in non-democracies.”