EconPapers    
Economics at your fingertips  
 

The Role of a Nation's Culture in the Country's Governance: Stochastic Frontier Analysis

Vladim\'ir Hol\'y and Tom\'a\v{s} Evan

Papers from arXiv.org

Abstract: What role does culture play in determining institutions in a country? This paper argues that the establishment of institutions is a process originating predominantly in a nation's culture and tries to discern the role of a cultural background in the governance of countries. We use the six Hofstede's Cultural Dimensions and the six Worldwide Governance Indicators to test the strength of the relationship on 94 countries between 1996 and 2019. We find that the strongest cultural characteristics are Power Distance with negative effect on governance and Long-Term Orientation with positive effect. We also determine how well countries transform their cultural characteristics into institutions using stochastic frontier analysis.

Date: 2021-02, Revised 2021-04
New Economics Papers: this item is included in nep-cul
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in Hol\'y, V. & Evan, T. (2022). The Role of a Nation's Culture in the Country's Governance: Stochastic Frontier Analysis. Central European Journal of Operations Research, 30(2), 507-520

Downloads: (external link)
http://arxiv.org/pdf/2102.05411 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2102.05411

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().

 
Page updated 2025-03-19
Handle: RePEc:arx:papers:2102.05411