Chambers, Dustin; Hamer, Susan - In: Bulletin of Economic Research 64 (2012) 4, pp. 549-564
type="main" xml:lang="en" <title type="main">ABSTRACT</title> <p>Using Hofstede's cultural data set, this paper examines the impact of cultural characteristics on a nation's economic performance. Using a two-step estimation procedure, we first estimate a panel growth regression and obtain estimates of each nation's fixed...</p>