I have found in my work that women have changed their convenient style of dressing in recent years as alternative options are available in the market at lower cost but their favorite style of dressing remains same. Kindly suggest me the theory which can be applied to understand the influence of economy on cultural behavior.
Dear Moumita,
It seems that relative price changes will explain the economy part, that is, people will tend to buy the cheaper substitute good. Now, constant taste or brand loyalty may explain their choice of staying with the same style. If your aim is to figure out the influence of culture, power, or sex differences, then you need to make some indicies and study them. Look up G. Hofstede indices in these regards.
- Power Distance Index (PDI) ...
- Individualism Versus Collectivism (IDV) ...
- Masculinity Versus Femininity (MAS) ...
- Uncertainty Avoidance Index (UAI) ...
- Long- Versus Short-Term Orientation. ...
- Indulgence Versus Restraint (IVR)
Economy is membrane of society. Based on economic capacity , it is decided what goes in society and what not? Demographic, and culture are driven by economy.it is established relationship
Dear Moumita
The cause-effect relation between culture and the economy may be the reverse for some variables. Here are some studies that speak to your question:
https://dl.acm.org/citation.cfm?id=523283
Article National Differences In Organizational CommitmentEffect of E...
https://books.google.ca/books?hl=en&lr=&id=z3wtAgAAQBAJ&oi=fnd&pg=PR1&dq=effect+on+economy+of+culture&ots=iuXR_M2fKg&sig=WDIQLH8iTDy0xuSIIkyYcDdiEYs#v=onepage&q=effect%20on%20economy%20of%20culture&f=false
Article Postmodernism and Excellence: The De-differentiation of Econ...
Article From urban political economy to cultural political economy: ...
Article The Effect of National Culture, Organizational Complementari...
- Badges
- Science topic
- Similar topics
- Econ
- Innovation Economics
- Innovation