Correlation between cultural values and economic growth
| Variables | 3rd Wave | 4th Wave | 5th Wave | 6th Wave | 7th Wave |
|---|---|---|---|---|---|
| 1995–1998 | 1999–2004 | 2005–2009 | 2010–2014 | 2017–2022 | |
| TRUST | −0.60*** | −0.29* | −0.61*** | −0.53*** | −0.66*** |
| LIFE SATISFACTION | 0.48*** | 0.56*** | 0.52*** | 0.40*** | 0.06 |
| POST_MATERIALIST_INDEX | 0.20 | 0.63*** | 0.40*** | 0.41*** | 0.52*** |
| AUTONOMY _INDEX | 0.27** | 0.52*** | 0.62*** | 0.38*** | 0.61*** |
| Variables | 3rd Wave | 4th Wave | 5th Wave | 6th Wave | 7th Wave |
|---|---|---|---|---|---|
| 1995–1998 | 1999–2004 | 2005–2009 | 2010–2014 | 2017–2022 | |
| TRUST | −0.60*** | −0.29* | −0.61*** | −0.53*** | −0.66*** |
| LIFE SATISFACTION | 0.48*** | 0.56*** | 0.52*** | 0.40*** | 0.06 |
| POST_MATERIALIST_INDEX | 0.20 | 0.63*** | 0.40*** | 0.41*** | 0.52*** |
| AUTONOMY _INDEX | 0.27** | 0.52*** | 0.62*** | 0.38*** | 0.61*** |
Note(s): (***), (**), and (*) indicate the significance of the estimated coefficients at (1%), (5%), and (10%) levels of significance, respectively
Source(s): Authors' estimation
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