Culture and labour productivity: an empirical investigation

Bakas, D. ORCID: 0000-0003-4771-4505, Kostis, P. and Petrakis, P., 2020. Culture and labour productivity: an empirical investigation. Economic Modelling, 85, pp. 233-243. ISSN 0264-9993

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Abstract

Culture is considered as one of the most powerful forces that shape human behaviour and thereby economic activity. This paper investigates the effects of culture on labour productivity and examines the cultural traits driving this relationship. Using panel data analysis, empirical evidence is provided covering a sample of 34 OECD countries over a wide period of three decades. Our empirical results suggest a significant positive relationship between the cultural background and labour productivity. The main channels of this positive impact are control and work ethic environment, while obedience has a negative impact on productivity. These findings are robust to a series of robustness checks, including alternative cultural measures, additional control variables, various country samples, and alternative specifications.

Item Type: Journal article
Publication Title: Economic Modelling
Creators: Bakas, D., Kostis, P. and Petrakis, P.
Publisher: Elsevier
Date: February 2020
Volume: 85
ISSN: 0264-9993
Identifiers:
NumberType
10.1016/j.econmod.2019.05.020DOI
S0264999318318297Publisher Item Identifier
1067825Other
Divisions: Schools > Nottingham Business School
Depositing User: Linda Sullivan
Date Added: 04 Jun 2019 12:41
Last Modified: 01 Jun 2020 03:00
URI: http://irep.ntu.ac.uk/id/eprint/36704

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