The theoretical hypothesis stated in this paper asserts that economic culture passes through stages of development. In the early stages economic culture dwells on the problem of wealth distribution. Only later does it focus on the question of its growth. Using empirical data extracted from the World Values Survey Archives this papers verifies that during this latter stage both achievement motivation and trust syndrome are needed to promote economic growth, while the literature on the subject is divided between the supporters of the achievement motivation and the supporters of the trust syndrome as the ultimate attitude promoting economic growth.
Cultural evolution and economic growth: a theoretical hypothesis with some empirical evidence
MARINI, Matteo Benedetto
2004-01-01
Abstract
The theoretical hypothesis stated in this paper asserts that economic culture passes through stages of development. In the early stages economic culture dwells on the problem of wealth distribution. Only later does it focus on the question of its growth. Using empirical data extracted from the World Values Survey Archives this papers verifies that during this latter stage both achievement motivation and trust syndrome are needed to promote economic growth, while the literature on the subject is divided between the supporters of the achievement motivation and the supporters of the trust syndrome as the ultimate attitude promoting economic growth.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
