Culture and Good Governance: A Brief Empirical Exercise
Richard Adkisson and
Randy McFerrin
Journal of Economic Issues, 2014, vol. 48, issue 2, 441-450
Abstract:
This paper uses regression analysis to explore possible relationships between culture and governance. The World Bank Worldwide Governance Indicators, in six expressions, are used as dependent variables. Explanatory variables are real per capita GDP (PPP) and culture measured in two dimensions. The data set includes 68 nations. The authors find that the level of development, measured as real per capita GDP, has the strongest relationship to good governance but, in most cases, the cultural measures are influential as well.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jeciss:v:48:y:2014:i:2:p:441-450
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DOI: 10.2753/JEI0021-3624480218
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