IDEAS home Printed from https://ideas.repec.org/a/asi/ajemod/v6y2018i2p121-134id308.html
   My bibliography  Save this article

Cultural Diversity in Western Asia: Econometric Modeling of Trust and Ranking by Homogeneity

Author

Listed:
  • Omar Jraid Mustafa Alhanaqtah

Abstract

The main objective of the research is to discover Western Asian countries in the dimensions of new institutional economics: ethnicity, language, religion and trust. The region significantly overlaps with the Middle East which is growing in population terms. It makes mentioned issues interesting for discussion. In order to evaluate a relationship between 'Ethnicity and Trust', "Language and Trust' and 'Religion and Trust' a correlation and regression analysis is conducted. The author also makes an attempt to determine the influence of these three independent variables on the dependent variable 'Trust'. Additionally, a new complex estimator, consisting of 'Ethnicity', "Language' and 'Religion' fragmentation indices, was created and computed. The complex estimator allows to evaluate cultural diversity of the region - homogeneity or heterogeneity - in terms of ethnicity, language and religion simultaneously, as well as to determine the most trustful societies. Business agents may base their investment-location decisions on the complex estimator as an additional informational criterion of risk reduction.

Suggested Citation

  • Omar Jraid Mustafa Alhanaqtah, 2018. "Cultural Diversity in Western Asia: Econometric Modeling of Trust and Ranking by Homogeneity," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 6(2), pages 121-134.
    • Handle: RePEc:asi:ajemod:v:6:y:2018:i:2:p:121-134:id:308
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5009/article/view/308/1326
    Download Restriction: no
    File URL: https://archive.aessweb.com/index.php/5009/article/view/308/2556
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:ajemod:v:6:y:2018:i:2:p:121-134:id:308. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5009/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.