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E-grāmata: Culture in Economics: History, Methodological Reflections and Contemporary Applications

(Radboud Universiteit Nijmegen), (Rijksuniversiteit Groningen, The Netherlands)
  • Formāts: EPUB+DRM
  • Izdošanas datums: 23-Dec-2010
  • Izdevniecība: Cambridge University Press
  • Valoda: eng
  • ISBN-13: 9780511852893
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  • Formāts: EPUB+DRM
  • Izdošanas datums: 23-Dec-2010
  • Izdevniecība: Cambridge University Press
  • Valoda: eng
  • ISBN-13: 9780511852893
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"Many economists now accept that informal institutions and culture play a crucial role in economic outcomes. Driven by the work of economists such as Nobel laureates Douglass North and Gary Becker, there is an important body of work that invokes cultural and institutional factors to build a more comprehensive and realistic theory of economic behavior. This book provides a comprehensive overview of research in this area, sketching the main promises and challenges faced by the field. The first part introduces and explains the various theoretical approaches to studying culture in economics, going back to Smith and Weber, and addresses the methodological issues that need to be considered when including culture in economics. The second part of the book then provides readers with a series of examples that shows how the cultural approach can be used to explain economic phenomena in four different areas: entrepreneurship, trust, international business and comparative corporate governance"--

Provided by publisher.

Many economists now accept that informal institutions and culture play a crucial role in economic outcomes. Driven by the work of economists like Nobel laureates Douglass North and Gary Becker, there is an important body of work that invokes cultural and institutional factors to build a more comprehensive and realistic theory of economic behavior. This book provides a comprehensive overview of research in this area, sketching the main promises and challenges faced by the field. The first part introduces and explains the various theoretical approaches to studying culture in economics, going back to Smith and Weber, and addresses the methodological issues that need to be considered when including culture in economics. The second part of the book then provides readers with a series of examples that shows how the cultural approach can be used to explain economic phenomena in four different areas: entrepreneurship, trust, international business, and comparative corporate governance.

Recenzijas

'This important new book on culture in economics by Sjoerd Beugelsdijk and Robbert Maseland is most welcome. It fills an important gap in the literature that has only recently been recognised. After decades of sceptical methodological isolationism, economists have come to accept that without reference to people's systems of norms and beliefs a large part of the differences in performance across populations would go unexplained. I strongly recommend this book to anyone interested in truly understanding economics.' Luigi Guiso, Professor of Economics, European University Institute 'Economic science has its roots in Anglo-American cultural values. With an increasing share of world economic power slipping out of Western hands, there is a crying need for an economic science in which cultural values are treated as a variable. [ This] book by Beugelsdijk and Maseland is a welcome contribution to this development.' Geert Hofstede, author of Culture's Consequences 'A new literature in economics has rediscovered fundamental insights in sociology and is using them to address long standing economic problems. This book does a superb job in placing this new line of research in a broader context, explaining its deep roots and how it opens up fundamental methodological issues. A very timely book that will have a lasting impact on one of the most exciting areas of research in the social sciences.' Guido Tabellini, Professor of Economics, Bocconi University

Papildus informācija

Shows how economists address values and norms in theory and empirical research, highlighting opportunities and challenges for the future.
List of figures
viii
List of tables
ix
List of boxes
x
Prologue xi
Part I History and methodological reflections
1(150)
1 Defining culture
3(12)
1.1 Introduction
3(1)
1.2 Culture as artificial
4(1)
1.3 Culture as ideas and worldviews influencing behavior
5(1)
1.4 Culture as group distinction
6(2)
1.5 Culture as inherited, unquestioned given
8(3)
1.6 Competing terms: ideology, institutions, ethnicity, nationality
11(2)
1.7 Conclusion: culture in this book
13(2)
2 How culture disappeared from economics
15(45)
2.1 Introduction
15(1)
2.2 A history of culture in economics
16(20)
2.3 A history of culture vs. economics
36(21)
2.4 Conclusion
57(3)
3 Explaining the rise of culture in modern economics
60(25)
3.1 Introduction
60(3)
3.2 Modern economics: the cultureless science
63(2)
3.3 Culture's comeback
65(12)
3.4 Meanwhile, in cultural sciences
77(6)
3.5 Conclusion
83(2)
4 Culture in economics: contemporary theoretical perspectives
85(34)
4.1 Introduction
85(1)
4.2 Economy and culture
86(11)
4.3 Economy as culture
97(10)
4.4 Culture as economics
107(5)
4.5 The culture of economics
112(5)
4.6 Conclusion
117(2)
5 A methodological perspective on culture in economics
119(32)
5.1 Introduction
119(2)
5.2 Methodological challenges when including culture in economics
121(13)
5.3 Research methods
134(14)
5.4 Conclusion
148(3)
Part II Contemporary applications
151(136)
Introduction to Part II
151(4)
6 Entrepreneurial culture
155(26)
6.1 Introduction
155(2)
6.2 How to theorize on the entrepreneur and entrepreneurial culture
157(2)
6.3 McClelland's seminal study on N achievement
159(6)
6.4 Entrepreneurial trait research: unique personality of entrepreneurs
165(6)
6.5 Economic Consequences of Entrepreneurial Culture
171(6)
6.6 Discussion: linking the individual and the collective
177(4)
7 Trust
181(45)
7.1 Introduction
181(1)
7.2 Trust as a proxy for culture
182(6)
7.3 Antecedents of trust
188(13)
7.4 Trust-growth studies
201(12)
7.5 Methodology of the generalized trust question
213(6)
7.6 Discussion: from well-tossed spaghetti to multi-layered lasagna
219(7)
8 International business
226(28)
8.1 Introduction
226(1)
8.2 Defining the field of international business and how culture fits in
227(5)
8.3 Cultural distance: concept, measurement and critique
232(5)
8.4 How cultural distance affects type and location of MNE activity
237(7)
8.5 Comparative management: managerial values and international cooperation
244(6)
8.6 Discussion: how culture matters
250(4)
9 Comparative corporate governance
254(33)
9.1 Introduction
254(1)
9.2 Corporate governance systems and legal origin
255(6)
9.3 Differences in investor protection regimes
261(9)
9.4 From legal origin to culture
270(7)
9.5 Critique of the law and finance literature
277(5)
9.6 Discussion
282(5)
Part III Evaluation
287(32)
10 Discussion
289(30)
10.1 Introduction
289(1)
10.2 Economic individualism vs. cultural collectivism
290(5)
10.3 Exogenous structures vs. rational agents
295(7)
10.4 Economic universalism and cultural contingency
302(10)
10.5 The political-economic dimension
312(3)
10.6 Conclusion
315(4)
References 319(52)
Index 371
Sjoerd Beugelsdijk is Professor of International Business and Management at the University of Groningen, The Netherlands. His PhD (Tilburg University, 2003) concerned the relationship between culture and economic development in European regions. He has published extensively on the relation between culture and economic behavior of firms and individuals, and the relation between culture and national economic development. In 2007 he obtained a prestigious three year research grant from the Netherlands Organization for Scientific Research. Robbert Maseland is Assistant Professor of International Economics and Business at the University of Groningen, The Netherlands. His PhD (Radboud University Nijmegen, 2006) analyzed the emergence and impact of the Asian Values thesis. In addition, he has published on topics such as the measurement of values, development models, and fairness in trade. In 2008 he obtained a stipend from the Royal Dutch Academy of Sciences, enabling him to work as researcher at the Max Planck Institute for the Study of Societies (MPIfG) and the Institute for Labour Studies (IZA) in Bonn.