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
Hypothesis
As individual responsibility increases, the economic development of a country will increase.
Note
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).
| Test Name | Support | Significance | Coefficient | Tail |
|---|---|---|---|---|
| Ordinary least squares regression | Supported | p<.01 | UNKNOWN | UNKNOWN |
| Variable Name | Variable Type | OCM Term(s) |
|---|---|---|
| Economic Development | Dependent | Production And Supply |
| Rainfall Variation | Independent | Climate |
| Individual responsibility | Independent | Social Personality, Ethos, Socialization |