Kapas, Judit - International Institute of Social and Economic Sciences - 2014
examination of data. Secondly, it captures only one, but an unambiguous, aspect of culture: individual values.So, in this paper I … argue that an analysis of individual values on economic development contributes to a clarification of the effects of culture … by “unbundling” culture itself. Using individual values allows me to rely on theories of institutional economics – namely …