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Culture-Based Development in the Regions of China

Annie Tubadji Orcid Logo

Journal of Economic Issues, Volume: 57, Issue: 1

Swansea University Author: Annie Tubadji Orcid Logo

Abstract

Is culture a relevant factor for the development of the Chinese regions and is this culture different from the institutional settings of China? The Culture Based Development paradigm has been collecting evidence from the Western world about the impact of local cultural capital (a quantitative expres...

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Published in: Journal of Economic Issues
Published:
URI: https://cronfa.swan.ac.uk/Record/cronfa61608
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Abstract: Is culture a relevant factor for the development of the Chinese regions and is this culture different from the institutional settings of China? The Culture Based Development paradigm has been collecting evidence from the Western world about the impact of local cultural capital (a quantitative expression of culture) on the productivity of places throughout EU and US. The current paper aims to replicate the CBD approach for the first time for the institutional setting of China. It does so by using a unique panel dataset for Chinese provinces over a seven-year period (2013-2019), which contains over 60 cultural indicators and employing factor analysis, 3SLS and k-mean clustering estimation techniques. The main contribution of the paper is the distinction that it draws conceptually and empirically between culture as a proto institution and the rest of the institutional settings in a country. Revealing part of the differences and interaction between culture and institutions, this study sheds light on many important still unanswered in the economic literature questions about culture and local development in China and in a context-free (i.e. value-free) generalizable manner per se.
College: Faculty of Humanities and Social Sciences
Issue: 1