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Cultural Influences On Economic Analysis
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Book Synopsis Cultural Influences on Economic Analysis by : R. Guo
Download or read book Cultural Influences on Economic Analysis written by R. Guo and published by Springer. This book was released on 2006-10-10 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the influences of various cultural factors on economic analyses that could be misrepresented by existing economic theories. Most significantly, the book measures the cultural diversity and bilateral similarity indexes of the existing 200 or more countries and regions, and quantifies their impacts on economic activities.
Book Synopsis Intercultural Economic Analysis by : Rongxing Guo
Download or read book Intercultural Economic Analysis written by Rongxing Guo and published by Springer Science & Business Media. This book was released on 2009-08-29 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the Cold War, the study of intercultural relations has become one of the most popular topics in the field of global politics and economics. This book presents a methodological framework for the analysis of intercultural issues frequently misinterpreted by existing theories. The book uses a challenge-and-response theory of cultural development to examine the relationship between different natural disasters and threats and the developments of ancient civilizations. The spatial interaction of ancient civilizations is assessed and some theoretical patterns of intercultural influences are presented with a focus on the Chinese, Egyptian, Indus, and Mesopotamian civilizations. Using the development of China as a case study, and on the basis of a simplified spatial model, the optimal spatial structure and size of culture areas are mathematically solved, and the political economy implications to the interactions between cultures differing in size are illustrated. The book also examines various aspects of intercultural economic influences, such as those of culture on international trade. The empirical results suggest that high-income trade partners are less sensitive than low-income trade partners to the measures of cultural dissimilarity which block international trade. The existing literature relating to the determinants of economic growth treats explanatory variables such as income inequality and cultural diversity separately. This book investigates whether there are any conditions under which income inequality and cultural diversity could encourage economic growth and provides evidence from a broad panel of nations, which reveals that economic growth is quite independent from the variables of inequality and cultural (linguistic and religious) diversity. Finally, this book provides suggestions for how cultural influences can benefit developing economies both large and small.
Book Synopsis Cultural Factors in Economic Growth by : Mark Casson
Download or read book Cultural Factors in Economic Growth written by Mark Casson and published by Springer Science & Business Media. This book was released on 2000-08-15 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "culture" debate in economics and economic history has been long-lasting. This volume incorporates contributions of scholars from economics, management studies and international relations, as well as economic and social historians' attempts to evaluate the role and impact of cultural factors on economic growth.
Book Synopsis Culture and Economics by : Eelke de Jong
Download or read book Culture and Economics written by Eelke de Jong and published by Routledge. This book was released on 2013-09-13 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1990s, culture, in the sense of norms and values, has entered economic analysis again, whereas it was totally absent from mainstream economics during most of the second half of the twentieth century. The disappointing results of mainstream economics and developments in the world economy triggered an awareness of the relevance of the context in which people make decisions. Developments which were triggering this were the unexpected high growth rates in Asia, (the Asian miracle), the transition of previously centrally planned economies and the increased attention for the role of religion after 9/11/2001. Some of the areas this research covers are: The history of culture in economics from Adam Smith to the present The way culture is incorporated into economic analysis Methods used in empirical analysis on culture and economics Culture as an explanatory factor of cross-country difference in institutions and performance Culture appears to be relevant for explaining differences between otherwise similar countries; in particular OECD-countries. Uncertainty avoidance, for example, significantly explains the relative importance of financial markets. This book is the first that provides an overview of the field of culture and economics and will be of use to postgraduate researchers in the field of economics and culture.
Book Synopsis Economics, Culture and Social Theory by : William A. Jackson
Download or read book Economics, Culture and Social Theory written by William A. Jackson and published by Edward Elgar Publishing. This book was released on 2009 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the book is excellent in setting out and explaining a fundamental critique of economics one moreover that has been missed by most other current critics of the field. Making this case is an achievement. Hopefully, it will have a greater impact than its author probably expects. Journal of Cultural Economics Economics evolved by perfecting the taking of culture out of its reductionist and virtual world. But culture has recently been reintroduced, both as a sphere of application for an otherwise unchanging methodology and as a weak form of acknowledging that the economic alone is inadequate as the basis even for explaining the economy. This volume is an essential critical starting point for understanding the changing relationship between economics and culture and in offering a more satisfactory and stable union between the two. Ben Fine, University of London, UK Economics, Culture and Social Theory examines how culture has been neglected in economic theorising and considers how economics could benefit by incorporating ideas from social and cultural theory. Orthodox economics has prompted a long line of cultural criticism that goes back to the origins of economic theory and extends to recent debates surrounding postmodernism. William A. Jackson discusses the cultural critique of economics, identifies the main arguments, and assesses their implications. Among the topics covered are relativism and realism, idealism and materialism, agency and structure, hermeneutics, semiotics, and cultural evolution. Drawing from varied literatures, notably social and cultural theory, the book stresses the importance of culture for economic behaviour and looks at the prospects for a renewed and culturally informed economics. The book will be invaluable to heterodox economists and to anyone interested in the links between culture and the economy. It takes an interdisciplinary approach, arguing against the isolation of economics, and will therefore hold wide appeal for social scientists working in related fields, as well as for economists specialising in cultural economics and economic methodology.
Book Synopsis Cultural Factors in Innovation by : Mark Casson
Download or read book Cultural Factors in Innovation written by Mark Casson and published by . This book was released on 1992 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Effects of Culture on Firm Risk-Taking by : MissRoxana Mihet
Download or read book Effects of Culture on Firm Risk-Taking written by MissRoxana Mihet and published by International Monetary Fund. This book was released on 2012-08-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the effects of national culture on firm risk-taking, using a comprehensive dataset covering 50,000 firms in 400 industries in 51 countries. Risk-taking is found to be higher for domestic firms in countries with low uncertainty aversion, low tolerance for hierarchical relationships, and high individualism. Domestic firms in such countries tend to take substantially more risk in industries which are more informationally opaque (e.g. finance, mining, IT). Risk-taking by foreign firms is best explained by the cultural norms of their country of origin. These cultural norms do not proxy for legal constraints, insurance safety nets, or economic development.
Book Synopsis Understanding the Culture of Markets by : Virgil Storr
Download or read book Understanding the Culture of Markets written by Virgil Storr and published by Routledge. This book was released on 2013-05-20 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does culture impact economic life? Is culture like a ball and chain that actors must lug around as they pursue their material interests? Or, is culture like a tool-kit from which entrepreneurs can draw resources to aid them in their efforts? Or, is being immersed in a culture like wearing a pair of blinders? Or, is culture like wearing a pair of glasses with tinted lenses? Understanding the Culture of Markets explores how culture shapes economic activity and describes how social scientists (especially economists) should incorporate considerations of culture into their analysis. Although most social scientists recognize that culture shapes economic behavior and outcomes, the majority of economists are not very interested in culture. Understanding the Culture of Markets begins with a discussion of the reasons why economists are reluctant to incorporate culture into economic analysis. It then goes on to describe how culture shapes economic life, and critiques those few efforts by economists to discuss the relationship between culture and markets. Finally, building on the work of Max Weber, it outlines and defends an approach to understanding the culture of markets. In order to understand real world markets, economists must pay attention to how culture shapes economic activity. If culture does indeed color economic life, economists cannot really avoid culture. Instead, the choice that they face is not whether or not to incorporate culture into their analysis but whether to employ culture implicitly or explicitly. Ignoring culture may be possible but avoiding culture is impossible. Understanding the Culture of Markets will appeal to economists interested in how culture impacts economic life, in addition to economic anthropologists and economic sociologists. It should be useful in graduate and undergraduate courses in all of those fields.
Book Synopsis Culture and Economic Growth by : Enrico Spolaore
Download or read book Culture and Economic Growth written by Enrico Spolaore and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set provides fundamental analyses of the relations between cultural variables and economic performance. It encompasses indispensable contributions by economists and other influential social scientists in this growing interdisciplinary area. The classic and more recent articles in the first volume cover the effects of values and religion on economic performance, the importance of social capital and trust for economic and political outcomes, and the connections between culture, institutions and development. The second volume includes recent theoretical and empirical economic analyses, focusing on the intergenerational transmission of historical and cultural traits and their effects on macroeconomic and microeconomic outcomes. With an original introduction by the editor, the volumes will prove an essential tool for researchers, scholars and practitioners interested in the deep roots of economic outcomes and development.
Download or read book Cultural Economy written by Paul du Gay and published by SAGE. This book was released on 2002-01-31 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Phrases such as `corporate culture′, `market culture′ and the `knowledge economy′, have now become familiar clarion calls in the world of work. They are calls that have echoed through organizations and markets. Clearly something is happening to the ways markets and organizations are being represented and intervened in and this signals a need to reassess their very constitution. In particular, the once clean divide that placed the economy, dealt with mainly by economists, on one side, and culture, addressed chiefly by those in anthropology, sociology and the other `cultural sciences′, on the other, can no longer hold. This volume presents the work of an international group of academics from a range of disciplines including sociology, media and cultural studies, social anthropology and geography, all of whom are involved not only in thinking `culture′ into the economy but thinking culture and economy together.
Book Synopsis Cross-Cultural Analysis of Values and Political Economy Issues by : Dan Voich
Download or read book Cross-Cultural Analysis of Values and Political Economy Issues written by Dan Voich and published by Praeger. This book was released on 1994-01-26 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review of the literature dealing with management in business in selected countries, and how management is affected by the culture and values of that country attempts to establish a baseline and methodology for developing further empirical studies. The contributors are selected from professional economists and sociologists from the countries discussed. The first part of the work deals with definition of terms and theories that are to be used in the work. The second part of the work deals with individual representative countries in Europe and Latin America, and the third part of the work describes future work needed in the area.
Book Synopsis Culture and the Labour Market by : Siobhan Austen
Download or read book Culture and the Labour Market written by Siobhan Austen and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempting to define the meaning of culture and the nature of its possible consequences on economic processes and outcomes, this book examines alternative theoretical and empirical approaches to the economic analysis of cultural effects in the labour market. Using extensive new data from 14 countries, this book presents tangible evidence of substantial cross-cultural differences in beliefs about wage inequality.
Book Synopsis Culture and Development by : Christopher Clague
Download or read book Culture and Development written by Christopher Clague and published by SAGE Publications, Incorporated. This book was released on 2001 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The origin of this special issue of The Annals lies in a conference on the interaction between economics and other disciplines held under the auspices of the Society for the Advancement of Behavioral Economics at San Diego State University. One example of fruitful interaction between economics and other disciplines is found in the study of economic development and cultural institutions such as language, prescribed gender roles, and ethnic identity. The articles in this volume offer fresh perspectives on the possible effects of cultural institutions on economic performance and politics. Many of the articles also investigate reasons why particular institutions arise and, in particular, how economic development affects cultural institutions. This issue of The Annals offers new perspectives on various aspects of culture related to politics and the economy, including democracy, corruption, women's rights, wedding expenditures, and ethnic cleansing. The articles show that the analyses of economists can be useful in these new areas of application. To the extent that these are empirical analyses, research by economists does not necessarily differ from that performed by political scientists or sociologists studying similar issues. Some of the contributions to this volume show that some ideas found in economic theories, even though they were developed in the West, are applicable universally and can help us understand cultural institutions. While the articles in this collection indicate that applying economic analysis to the study of culture is a productive avenue for research, this special issue raises more questions than it answers. We are still very far from understanding why cultures differ so dramatically. There is room for much further research into the multiple interrelationships between various economic, political, and cultural institutions. In this endeavor, we may benefit not only from more economic analysis but also from sociological and anthropological analysis and from cooperation between disciplines. We also need more studies of investments in cultural capital by individuals, firms, families, and other groups, in part because such studies can help up design strategies and policies that work effectively to promote economic and social development. It is hoped that this volume of The Annals reveals the inevitability of dealing with cultural differences between countries and cultural changes over time.
Book Synopsis The Revival of Cultural Explanation in Economics by : Eric Jones
Download or read book The Revival of Cultural Explanation in Economics written by Eric Jones and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cultural explanations of economic change were largely dropped for a generation, as economists rejected their inconclusiveness and other social scientists labelled them as politically incorrect. Peter Bauer, however, expressed disquiet at the way deep influences like culture were being ignored in economic analysis. This paper discusses why high-profile attention has now turned back to culture. It does not find the expositions offered to be very persuasive but nevertheless agrees that Bauer's unease was understandable and describes other recent academic studies that are more promising.
Book Synopsis We Like It So? by : Terrence W. Farrell
Download or read book We Like It So? written by Terrence W. Farrell and published by Createspace Independent Publishing Platform. This book was released on 2016-08-27 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: In We Like it So? Terrence W. Farrell explores the socio-cultural factors which have been negatively influencing the economic performance of Trinidad and Tobago and arguably the former other former colonial territories in the West Indies. It is intended for a wide readership of Caribbean leaders, persons with an interest in the Caribbean, as well as economists and other social scientists exploring the resurgent area of culture and economic development. The author identifies and discusses eight (8) cultural attributes - Ambivalence; Status, Respect and Respectability; Rules, Authority and Contingent Rule Following; Amusement and Leisure; Risk-taking and Non-possession; Inter-generational Thinking; Corruption and Trickery, and Conflict and Cooperation. These factors are analysed using both historical and contemporary sources - academic, journalistic, and folk. Based on the analysis of these cultural attributes, the author discusses: How We Work, How We Invest and Innovate, and How We Make Decisions. The author proposes that by operating 'counter-culturally' in the workplace, Trinidadians and Tobagonians (and West Indians) can improve productivity and economic efficiency and promote economic progress. However, the leaders in Trinidad and Tobago society have to modify their own attitudes and behaviours and the society has to eschew ethnic competition if it is to be successful in achieving cultural change and improving economic performance.
Book Synopsis Culture and the Labour Market by : Siobhan Austen
Download or read book Culture and the Labour Market written by Siobhan Austen and published by . This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Cultural Policy by : David Throsby
Download or read book The Economics of Cultural Policy written by David Throsby and published by Cambridge University Press. This book was released on 2010-06-03 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-technical analysis of how cultural industries contribute to economic growth and the policies required to ensure cultural industries will flourish.
