Individual responsibility and economic development: evidence from rainfall data
KYKLOS • Vol/Iss. 69(3) • John Wiley & Sons • • Published In • Pages: 426-470 •
By Davis, Lewis
As individual responsibility increases, the economic development of a country will increase.
Hypothesis tested with two stage least square regression: stage 1 finds a negative correlation between rainfall variation and individual responsibility (p<.01). Stage 2 then finds a positive relationship with individual responsibility and economic development (p<.01). Hypothesis was also tested using historical rainfall data from before 1900 and was supported (stage 1: p<0.05; stage 2: p<0.01).
|Ordinary least squares regression||Supported||p<.01||UNKNOWN||UNKNOWN|
|Variable Name||Variable Type||OCM Term(s)|
|Economic Development||Dependent||Production And Supply|
|Individual responsibility||Independent||Social Personality, Ethos, Socialization|