Culture and Economic Systems
AbstractApplying 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. Copyright 2007 American Journal of Economics and Sociology, Inc..
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal American Journal of Economics and Sociology.
Volume (Year): 66 (2007)
Issue (Month): 4 (October)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246
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- Pryor, Frederic L., 2008. "Culture rules: A note on economic systems and values," Journal of Comparative Economics, Elsevier, vol. 36(3), pages 510-515, September.
- Ziebarth, Nicolas R. & Wagner, Gert G., 2013.
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IZA Discussion Papers
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- Buchen, Clemens, 2010. "Emerging economic systems in Central and Eastern Europe – a qualitative and quantitative assessment," EconStor Theses, ZBW - German National Library of Economics, number 37141.
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