This research contributes to the understanding of human genetic diversity within a society as a significant determinant of its economic development. The hypothesis advanced and empirically examined in this paper suggests that there are socioeconomic trade-offs associated with genetic diversity...

Declining general trust has become a serious social issue in China in recent years. This paper attempts to understand and analyze this social phenomenon from a social interaction perspective. Based on a repeated prisoners ́dilemma game on networks, it finds that the evolution of general trust...

Existing indices of ethnic diversity are generally based on pre-defined groups, disregarding the (dis)similarities between them. This paper proposes an index that includes the dissimilarity in language, ethno-racial characteristcs and religion between groups. The resulting distance-adjusted...

High levels of social trust has been linked to both public sector size and long term economic growth, thereby helping to explain how some countries are able to combine high taxes and relatively high levels of economic growth. This paper examines if social trust as a background factor also...

This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...

Building on work funded by the ESPON 2013 Program, the paper analyses the regional trajectories of development of a "creative workforce" among its active population against regional economic growth, measured by changes in per capita GDP over the period 2001-2008 in 317 NUTS2 regions of the ESPON...

The economic impact of an institutional transplant depends on the underlying cultural envi-ronment of the receiving country. This paper provides the first evidence that the positive effect of importing good institutions cancels out when the receiving territories are characterized by cultural...

Many economies of the world respond differently to economic reforms. While some countries reap the full benefits of reforms, other countries, particularly in sub-Saharan Africa, are struggling. There are underlying cultural factors that act as impediments to economic success. Using IBM/Hofstede...

This paper studies the characteristics of the cultural sector in Italy and its interactions with the production system as a whole. After stating a clear definition of the cultural sector, we analyze the demand and supply of culture in Italy, at a regional level. We carry out descriptive analysis...

This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign...