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Culture, freedom and economic growth: Do cultural values explain economic growth?

  • Johnson, James P.
  • Lenartowicz, Tomasz
Registered author(s):

    Economic freedom, the ability of a society to conduct business in an unfettered manner without government intrusion, is a key determinant of economic s significant role in shaping a nation's business environment. This article combines data from a benchmark report, the Index of Economic Freedom, with tw a significant relationship between measures of culture, economic freedom, and economic growth. We discuss the implications of this relationship for business and for further academic research.

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    File URL: http://www.sciencedirect.com/science/article/pii/S1090951699800790
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    Article provided by Elsevier in its journal Journal of World Business.

    Volume (Year): 33 (1998)
    Issue (Month): 4 (January)
    Pages: 332-356

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    Handle: RePEc:eee:worbus:v:33:y:1998:i:4:p:332-356
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    1. Zaki Eusufzai, 1998. "Do more open countries have a higher growth rate but more inequality?," Atlantic Economic Journal, International Atlantic Economic Society, vol. 26(1), pages 32-43, March.
    2. Piero Morosini & Scott Shane & Harbir Singh, 1998. "National Cultural Distance and Cross-Border Acquisition Performance," Journal of International Business Studies, Palgrave Macmillan, vol. 29(1), pages 137-158, March.
    3. Dollar, David, 1992. "Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-1985," Economic Development and Cultural Change, University of Chicago Press, vol. 40(3), pages 523-44, April.
    4. Ryh-song Yeh & John J Lawrence, 1995. "Individualism and Confucian Dynamism: A Note on Hofstede's Cultural Root to Economic Growth," Journal of International Business Studies, Palgrave Macmillan, vol. 26(3), pages 655-669, September.
    5. Bruce Kogut & Harbir Singh, 1988. "The Effect of National Culture on the Choice of Entry Mode," Journal of International Business Studies, Palgrave Macmillan, vol. 19(3), pages 411-432, September.
    6. Randall S Schuler & Nikolai Rogovsky, 1998. "Understanding Compensation Practice Variations Across Firms: The Impact of National Culture," Journal of International Business Studies, Palgrave Macmillan, vol. 29(1), pages 159-177, March.
    7. Jeffrey D. Sachs & Andrew Warner, 1995. "Economic Reform and the Process of Global Integration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 1-118.
    8. Harry G Barkema & Freek Vermeulen, 1997. "What Differences in the Cultural Backgrounds of Partners Are Detrimental for International Joint Ventures?," Journal of International Business Studies, Palgrave Macmillan, vol. 28(4), pages 845-864, December.
    9. Karen L Newman & Stanley D Nollen, 1996. "Culture and Congruence: The Fit Between Management Practices and national Culture," Journal of International Business Studies, Palgrave Macmillan, vol. 27(4), pages 753-779, December.
    10. Schuler, Randall S. & Jackson, Susan E. & Jackofsky, Ellen & Slocum, John Jr., 1996. "Managing human resources in Mexico: A cultural understanding," Business Horizons, Elsevier, vol. 39(3), pages 55-61.
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