Impact of National Familial Culture on Economic Growth

Posted: 25 Oct 2018

See all articles by Sokchea Lim

Sokchea Lim

John Carroll University

Simran K. Kahai

John Carroll University - Department of Economics & Finance

Channary Khun

Southern Illinois University at Carbondale

Date Written: September 07, 2017

Abstract

We employ a two-step methodology to evaluate the impact of national familial culture on economic growth across countries. The composite measures of familial culture are created from three variables – the importance of family, perceived respect and love for parents, and perception of parents’ duties toward their kids. First-step micro regression results show that family is more important to female, richer, highly educated, unemployed, and married individuals. Male, poorer, less educated, and unemployed individuals are more likely to respect and love parents unconditionally. The same group is also more likely to think that parents must do the best for their kids. Finally, the results from the second step show that the strength of national familial culture explains differences in income across countries.

Keywords: National familial culture, economic growth

Suggested Citation

Lim, Sokchea and Kahai, Simran K. and Khun, Channary, Impact of National Familial Culture on Economic Growth (September 07, 2017). Available at SSRN: https://ssrn.com/abstract=3258939 or http://dx.doi.org/10.2139/ssrn.3258939

Sokchea Lim (Contact Author)

John Carroll University ( email )

1 John Carroll BLVD
University Heights, OH 44118
United States

Simran K. Kahai

John Carroll University - Department of Economics & Finance ( email )

University Heights, OH 44118
United States

Channary Khun

Southern Illinois University at Carbondale ( email )

Rehn Hall - Mail Code 4626
Carbondale, IL Illinois 62901-4515
United States

HOME PAGE: http://www.siu.edu

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
199
PlumX Metrics