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

James P. Johnson and Tomasz Lenartowicz

Journal of World Business, 1998, vol. 33, issue 4, 332-356

Abstract: 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.

Date: 1998
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