Review article
HOW CULTURAL VALUES AFFECT ECONOMIC GROWTH: A CRITICAL ASSESSMENT OF THE LITERATURE
Judit Kapás
orcid.org/0000-0002-0694-3101
; Institute of Economics Faculty of Economics and Business University of Debrecen, Hungary
Abstract
Recently there has been a burgeoning empirical literature analysing how culture affects economic development. This field of research is currently developing further at the border between growth theory and institutional economics. This paper summarizes, and gives a detailed criticism of, this literature. Following the two major routes suggested by the critiques, the author proposes a possible path for further progress in the field.
Keywords
culture; social capital; trust; economic growth
Hrčak ID:
183562
URI
Publication date:
29.6.2017.
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