Culture‐based development: empirical evidence for Germany

Annie Tubadji

International Journal of Social Economics, 2012, vol. 39, issue 9, 690-703

Abstract: Purpose - The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach - The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio‐economic factor. The outlined CBD mechanism of impact is expressed in a testable empirical model. Alternative approaches for operationalizing the CBD definition of cultural capital are suggested and a real data application on intra‐regional level (for GermanKreise) is presented. Findings - The findings illustrate the ability of the CBD model to capture the statistical significance of culture. Originality/value - The paper demonstrates the two innovative elements of the CBD approach to culture: first, measuring culture with a factor variable as a better alternative to the mono‐dimensional variables inferred by the state of the art; and second, thus capturing the overall economic meaning of the cultural factor (not just one aspect of it) for local socio‐economic development.

Keywords: Germany; Economic growth; National economy; Culture; Religion; Local economies; Resources (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijsepp:v:39:y:2012:i:9:p:690-703

DOI: 10.1108/03068291211245718

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