Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7349047 | Economics Letters | 2018 | 6 Pages |
Abstract
This paper establishes a measure of bilateral differences in values using 857 questions from the World Values Survey. We explore the determinants of value distance, linking it to geography as well as the historical relatedness of populations across 90 countries. Furthermore, we assess the explanatory power of value differences for economic development and find a close association between bilateral value distances and differences in GDP per capita.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Adrian Jaeggi, Stefan Legge, Lukas Schmid,