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Project Citation: 

Zanella, Giulio, and Bellani, Marina. ECIN Replication Package for “The volatility of survey measures of culture and its consequences.” Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2023-11-13. https://doi.org/10.3886/E194661V3

Project Description

Summary:  View help for Summary Measures of cultural attitudes derived from the World Values Survey are often used in economics to investigate the relation between individual culture and aggregate output. We show (i) that these measures are constructed from underlying variables that exhibit within-country volatility and time trends; and (ii) that such lack of persistence implies fragile correlations between cultural measures and output. These points are illustrated by revisiting the analyses of Tabellini (2010) and Gorodnichenko and Roland (2011).

Scope of Project

Subject Terms:  View help for Subject Terms cultural attitudes; economic development
JEL Classification:  View help for JEL Classification
      O12 Microeconomic Analyses of Economic Development
      O43 Institutions and Growth
      Z10 Cultural Economics; Economic Sociology; Economic Anthropology: General
Manuscript Number:  View help for Manuscript Number 2022-0544.R1


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