{"id":123720,"date":"2024-01-23T08:43:29","date_gmt":"2024-01-23T07:43:29","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/123720\/"},"modified":"2024-11-07T05:27:55","modified_gmt":"2024-11-07T04:27:55","slug":"individualistic-values-institutional-trust-and-interventionist-attitudes-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/123720\/","title":{"rendered":"Individualistic Values, Institutional Trust, and Interventionist Attitudes"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-123720","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Ever since Max Weber (1930) uncovered the cultural origins of capitalism, a common denominator for explanations of economic development is that \"individualistic values\" provide a more favourable background for promoting the wealth of nations. This paper investigates the impact of individualist values on personal attitudes towards government intervention, as a potential link of culture and formal institutions. We consider two key components of an \"individualistic culture\" to be particularly relevant for attitude formation, namely values related to self-direction and self-determination. Results indicate that both elements of individualistic values are associated negatively with interventionist preferences. Interestingly, effects of self-direction values on intervention attitudes are much weaker though, than the effects of a strong belief in self-determination. Moreover, the effects of self-direction on intervention preferences are mitigated through higher trust in state actors and lower confidence in major companies, while that does not appear to be the case for self-determination values.","onlinedate":"2016-03-22 12:00:00","lang":"English","publication_series":"","publication_date":"20160301","publication_date_year":"","publication_date_full":false,"publication_num_pages":"30","keywords":"[\"government intervention\",\"individualism\",\"institutional trust\",\"preference formation\",\"self-determination\",\"self-direction\"]","jelcodes":"[]","related_publications":"[]","pdf":362427,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"515","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2016-03-22 12:00:00","types":[44410],"research_groups":[3500],"collaboration":"","persons":[3792,15391],"persons_data":"[{\"personId\":3792,\"personName\":\"Hans Pitlik\",\"organisationNames\":[]},{\"personId\":15391,\"personName\":\"Martin Rode\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Pitlik, H.<\\\/span>, &amp; Rode, M. (2016). <span>Individualistic Values, Institutional Trust, and Interventionist Attitudes<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (515). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/58752\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/58752<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Pitlik H<\\\/span>, Rode M. <span class=\\\"title\\\"><span>Individualistic Values, Institutional Trust, and Interventionist Attitudes<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2016 Mar;(515).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{46587f837a854edf8b9cc9c8e2164f80,<\\\/div><div>  title    = \\\"Individualistic Values, Institutional Trust, and Interventionist Attitudes\\\",<\\\/div><div>  abstract = \\\"Ever since Max Weber (1930) uncovered the cultural origins of capitalism, a common denominator for explanations of economic development is that {\\\"}individualistic values{\\\"} provide a more favourable background for promoting the wealth of nations. This paper investigates the impact of individualist values on personal attitudes towards government intervention, as a potential link of culture and formal institutions. We consider two key components of an {\\\"}individualistic culture{\\\"} to be particularly relevant for attitude formation, namely values related to self-direction and self-determination. Results indicate that both elements of individualistic values are associated negatively with interventionist preferences. Interestingly, effects of self-direction values on intervention attitudes are much weaker though, than the effects of a strong belief in self-determination. Moreover, the effects of self-direction on intervention preferences are mitigated through higher trust in state actors and lower confidence in major companies, while that does not appear to be the case for self-determination values.\\\",<\\\/div><div>  keywords = \\\"government intervention, individualism, institutional trust, preference formation, self-determination, self-direction, government intervention, individualism, institutional trust, preference formation, self-determination, self-direction\\\",<\\\/div><div>  author   = \\\"Hans Pitlik and Martin Rode\\\",<\\\/div><div>  note     = \\\"Individualistic Values, Institutional Trust, and Interventionist Attitudes\\\",<\\\/div><div>  year     = \\\"2016\\\",<\\\/div><div>  month    = mar,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Individualistic Values, Institutional Trust, and Interventionist Attitudes<\\\/p><p>AU  - Pitlik, Hans<\\\/p><p>AU  - Rode, Martin<\\\/p><p>N1  - Individualistic Values, Institutional Trust, and Interventionist Attitudes<\\\/p><p>PY  - 2016\\\/3<\\\/p><p>Y1  - 2016\\\/3<\\\/p><p>N2  - Ever since Max Weber (1930) uncovered the cultural origins of capitalism, a common denominator for explanations of economic development is that \\\"individualistic values\\\" provide a more favourable background for promoting the wealth of nations. This paper investigates the impact of individualist values on personal attitudes towards government intervention, as a potential link of culture and formal institutions. We consider two key components of an \\\"individualistic culture\\\" to be particularly relevant for attitude formation, namely values related to self-direction and self-determination. Results indicate that both elements of individualistic values are associated negatively with interventionist preferences. Interestingly, effects of self-direction values on intervention attitudes are much weaker though, than the effects of a strong belief in self-determination. Moreover, the effects of self-direction on intervention preferences are mitigated through higher trust in state actors and lower confidence in major companies, while that does not appear to be the case for self-determination values.<\\\/p><p>AB  - Ever since Max Weber (1930) uncovered the cultural origins of capitalism, a common denominator for explanations of economic development is that \\\"individualistic values\\\" provide a more favourable background for promoting the wealth of nations. This paper investigates the impact of individualist values on personal attitudes towards government intervention, as a potential link of culture and formal institutions. We consider two key components of an \\\"individualistic culture\\\" to be particularly relevant for attitude formation, namely values related to self-direction and self-determination. Results indicate that both elements of individualistic values are associated negatively with interventionist preferences. Interestingly, effects of self-direction values on intervention attitudes are much weaker though, than the effects of a strong belief in self-determination. 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