Growth and foreign direct investment absorption across cultural dimensions

Romero, Alfredo A.; Edwards, Jack R.

doi:10.1108/ijse-09-2019-0549

Cited by 4 publications

(1 citation statement)

References 58 publications

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“…Both cross-country and panel regressions are used; the merits of each are discussed further. Our paper adds to a significant prior literature that links cultural traits at the national level to a variety of other social and economic outcomes; recent examples include Valero and Valero-Gil (2021), Romero and Edwards (2020), Gorodnichenko and Roland (2017) and Malul et al. (2011).…”

Section: Introductionmentioning

confidence: 90%

The impact of national culture on COVID-19 pandemic outcomes

Jiang

Chakraborti

et al. 2022

IJSE

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PurposeThis study aims to uncover the extent to which cultural traits may explain the puzzling international divergence in COVID-19 outcomes, and how those traits interact with state action to produce compliance with pandemic health policy.Design/methodology/approachA theoretical framework illustrates the surprising possibility that culture and state action may not reinforce each other but rather act as substitutes in eliciting anti-pandemic behavior. This possibility is tested empirically in two specifications: a cross-sectional regression that includes several novel COVID-related measures, and a panel model that controls for contemporaneous disease burden. Across these models, we use the measures of national culture developed by Hofstede (1984) and a newer metric developed by Schwartz (1990).FindingsIndividualism and egalitarianism have a positive effect on disease prevalence, while cultural heterogeneity was associated with a more robust public health response. Consistent with our model, we find that culture and state action served as substitutes in motivating compliance with COVID-19 policy.Practical implicationsThe results of this study imply that culture and state interact in determining the effectiveness of public health measures aimed at combating COVID-19; these results recommend culturally aware state intervention when combating pandemics.Originality/valueThis study offers several new contributions. First, it proposes a model to help contextualize the empirical analysis. Second, it examines a wider range of traits than previous studies, including cultural homogeneity and the Schwartz variables. Third, it employs a richer econometric specification that explores the interaction between state and culture in a panel context.

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Section: Introductionmentioning

confidence: 90%

The impact of national culture on COVID-19 pandemic outcomes

Jiang

Chakraborti

et al. 2022

IJSE

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The foreign investments-growth nexus in underdeveloped countries: the state-of-art of research analysing a selected and recent empirical literature (2020-2022)

Scalamonti

2024

Technological Forecasting and Social Change

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Influence of the Population Religious Diversity on the Socio-Economic Indicators of the Russian Federation Regions

Gravchikova

2022

REGIONOLOGY

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Introduction. In the modern world globalization leads to the active interaction of representatives of different cultures. However, there are questions of how this affects the life of society. The purpose of this article is to assess the religious diversity impact on the well-being level of the population of the Russian Federation regions. Materials and Methods. For analysis the author has used data from the Atlas of Religions and Nationalities of Russia “Arena” and the Federal Agency for Ethnic Affairs. Religious diversity was assessed using two indicators: the Simpson Diversity Index and the Polarization Index. The paper considers the consumption level as an indicator of well-being. On the one hand, the consumption level reflects independently the standard of living; on the other hand, it is an element of gross output. The correlation between religious heterogeneity and the well-being indicator was checked by using regression analysis. Besides the panel regressions were also evaluated. Results. The economic analysis confirms that religious diversity is directly proportional to the divorce rate, which has a negative impact on the consumption level in the Russian Federation regions. In addition, there are direct negative relationship between confessional heterogeneity and consumption. The results lead to the conclusion that religious diversity negatively affects economic indicators through the social sphere. Discussion and Conclusion. The general conclusion is that during the period under consideration, there is trend of the gradual reduce of the religious diversity. These processes are a favorable basis for increasing the well-being indicators of society because they reduce the negative impact of religious heterogeneity on the whole as well as on the consumption level. The data, the methods and the obtained results can be used as a basis for further research. The estimates and the conclusions could be taken into account in the socio-economic policy.

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Growth and foreign direct investment absorption across cultural dimensions

Cited by 4 publications

References 58 publications

The impact of national culture on COVID-19 pandemic outcomes

The impact of national culture on COVID-19 pandemic outcomes

The foreign investments-growth nexus in underdeveloped countries: the state-of-art of research analysing a selected and recent empirical literature (2020-2022)

Influence of the Population Religious Diversity on the Socio-Economic Indicators of the Russian Federation Regions

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