Do Culture and Religion Matter to Economic Growth?
نویسندگان
چکیده
This study offers a different empirical approach to examining the e?ects of culture and religion on economic growth using time series data for period 1994-2020. I constructed cultural index through Principle Component Analysis (PCA) technique achieve this goal. employs seven leading indicators from World Values Survey (WVS) European Study (EVS) development, such as control, trust, respect, obedience, identity. Further, Generalized Method Moments (GMM) system estimation was adopted. The findings confirm significant positive impact growth.
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ژورنال
عنوان ژورنال: Research in economics and management
سال: 2022
ISSN: ['2470-4393', '2470-4407']
DOI: https://doi.org/10.22158/rem.v7n2p16