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Cultural differences and economic development of 31 countries
Scott Nadler1, James E Zemanek
1Department of Marketing, School of Business, East Carolina University, 3414 General Classroom Building, Greenville, North Carolina 27858-4353, USA.
Abstract:
To update and extend the empirical research of Hofstede, the influence of culture on 31 nations' economic development was examined and support for modernization theory provided. Per capita gross domestic product, literacy rates, the negative of the population growth rate, and life expectancy development data were collected from 31 countries. The pattern of correlations among measures provided partial support for Hofstede's 1980 findings.
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