Skip to main content
. Author manuscript; available in PMC: 2017 Aug 3.
Published in final edited form as: Am Econ Rev. 2016 Oct;106(10):3064–3103. doi: 10.1257/aer.20150020

Table 9.

Crop Yield, Growth Cycle, and Long-Term Orientation: Regional-level Analysis based on WVS

Share of Individuals in WVS Region with Long-Term Orientation

Whole World Old World


Unweighted Weighted: Area Weighted: Area Share Area Share





(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)
Crop Yield 0.049*** (0.012) 0.046*** (0.013) 0.053*** (0.017) 0.097*** (0.033) 0.032** (0.012) 0.031** (0.013) 0.039*** (0.015) 0.032** (0.013)
Crop Growth Cycle −0.010 (0.012) −0.047** (0.021) −0.024** (0.010) −0.036*** (0.009) −0.027*** (0.009) −0.036*** (0.008)
Crop Yield (Ancestors) 0.077*** (0.020) 0.133*** (0.032) 0.043** (0.017) 0.041** (0.017)
Crop Growth Cycle (Ancestors) −0.012 (0.013) −0.050*** (0.018) −0.027*** (0.009) −0.037*** (0.009)
Absolute Latitude −0.015 (0.020) −0.018 (0.020) −0.003 (0.020) −0.017 (0.043) 0.010 (0.043) −0.047 (0.057) −0.047 (0.056) −0.005 (0.037) −0.006 (0.036) −0.047 (0.063) −0.055 (0.036)
Mean Elevation −0.012 (0.013) −0.012 (0.013) −0.013 (0.013) −0.002 (0.026) −0.014 (0.027) 0.014 (0.024) 0.015 (0.024) −0.007 (0.005) −0.006 (0.005) 0.019 (0.032) −0.008 (0.008)
Terrain Roughness 0.016 (0.010) 0.018* (0.011) 0.006 (0.011) 0.019 (0.023) 0.010 (0.025) −0.020 (0.031) −0.021 (0.031) 0.001 (0.010) 0.000 (0.010) −0.023 (0.039) 0.006 (0.015)

Continental FE Yes Yes Yes Yes Yes Yes No No No No No No
Country FE No No No No No No Yes Yes Yes Yes Yes Yes
Additional Geographical Controls No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Old World Sample No No No No No No No No No No Yes Yes
Weighted by Region Area No No No No Yes Yes Yes Yes No No Yes No
Weighted by Region’s Share of Area No No No No No No No No Yes Yes No Yes
Adjusted-R2 0.22 0.25 0.25 0.28 0.28 0.37 0.72 0.72 0.86 0.86 0.72 0.86
Observations 1356 1356 1356 1356 1356 1356 1356 1356 1356 1356 1143 1143

Notes: The table establishes the positive, statistically, and economically significant effect of potential crop yield on the share of individual’s with Long-Term Orientation across regions, accounting of country fixed effects. Additional geographical controls are percentage of land within 100 km of sea, landlocked dummy, and area suitable for agriculture. Columns (1)–(4) show the unweighted results; columns (5)–(8) weight observations according to the region’s area; columns (9)–(10) weight observations according to the region’s area as a share of the country’s area; and columns (11)–(12) conduct the analysis for the Old World Sample. All independent variables have been normalized by subtracting their mean and dividing by their standard deviation. Thus, all coefficients can be compared and show the effect of a one standard deviation increase in the independent variable on Long-Term Orientation. Heteroskedasticity robust standard error estimates clustered at the country level are reported in parentheses;

***

denotes statistical significance at the 1% level,

**

at the 5% level, and

*

at the 10% level, all for two-sided hypothesis tests.