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- W3139936083 abstract "Abstract We analyse the role of culture in economic freedom reform and dispersion in an unbalanced panel of up to 80 countries, and in dyadic models with up to 3,003 unique country pairs. We find that a sense of individualism strengthens the effectiveness of democracy in promoting economic freedom within countries over 1950–2015, and that institutional distance between countries increases in their cultural distance, suggesting an important role of culture in determining long-run institutional equilibria. Our results are robust to a large variety of socio-economic controls, measures of institutions and measures of bilateral geographic, economic and demographic distances." @default.
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- W3139936083 date "2021-03-31" @default.
- W3139936083 modified "2023-10-16" @default.
- W3139936083 title "Economic freedom reform: does culture matter?" @default.
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- W3139936083 doi "https://doi.org/10.1017/s1744137421000217" @default.
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