How are cultural dimensions and governance quality related to socioeconomic development?

Gaygısız E.

JOURNAL OF SOCIO-ECONOMICS, cilt.47, ss.170-179, 2013 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 47
  • Basım Tarihi: 2013
  • Doi Numarası: 10.1016/j.socec.2013.02.012
  • Dergi Adı: JOURNAL OF SOCIO-ECONOMICS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, Academic Search Premier, Business Source Elite, Business Source Premier, EconLit, PAIS International, Political Science Complete, Public Affairs Index, Social services abstracts, Sociological abstracts, Violence & Abuse Abstracts, Worldwide Political Science Abstracts
  • Sayfa Sayıları: ss.170-179
  • Anahtar Kelimeler: Human Development Index, Schwartz cultural values, Hofstede cultural dimensions, Worldwide Governance Indicators, HOFSTEDES, VALUES, RULE, LAW
  • Orta Doğu Teknik Üniversitesi Adresli: Evet

Özet

This study presents evidence about relations between national cultural dimensions, socioeconomic development and governance quality. Relations between Hofstede's dimensions, Schwartz cultural values, Worldwide Governance Indicators (WGI) and UNPD Human Development Index (HDI) were analysed by using correlations, multiple regression analysis, moderator and mediator analyses as well as path analyses. Correlation results showed that WGI, indulgence, harmony, affective and intellectual autonomy and egalitarianism were positively and power distance, embeddedness, and hierarchy negatively related to HDI. Regression analyses and moderation analyses showed that WGI moderated the relations between HDI and indulgence, embeddedness, intellectual autonomy and affective autonomy. In path models using structural equation modelling techniques, the effects of power distance and individualism on HDI were fully mediated by WGI whereas indulgence vs. restraint and long-term orientation had significant paths only to WGI. The effect of Schwarz's embeddedness dimension on HDI was partly mediated by WGI. In both models, WGI was strongly related to HDI. These results emphasize the importance of the quality of governance in socioeconomic development. (C) 2013 Elsevier Inc. All rights reserved.