A new dataset of cultural distances for European countries and regions

Anneli Kaasa, Maaja Vadi () and Urmas Varblane

Research in International Business and Finance, 2016, vol. 37, issue C, 231-241

Abstract: This article documents a new dataset of cultural distance measures both at the country and regional levels in Europe. These measures were calculated using data from the European Value Survey and European Social Survey. The composite index of cultural distance and the distances according to separate dimensions both were calculated. The created matrices can be used by researchers when applying the concept of cultural distance, for instance in international business research, but it also helps to operationalise cultural distances at the regional level by multinational enterprises. Examples of comparisons of the distances between different European countries and regions enabled by the new dataset as well as a comparison to analogical measures based on Hofstede's original scores are given.

Keywords: Culture; Distance; Hofstede; Europe; Regions; Multinational enterprises (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:37:y:2016:i:c:p:231-241

DOI: 10.1016/j.ribaf.2015.11.014

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