Meritocratic beliefs and economic growth: A mediating effect of economic inequality

Youli Cho , Zheng Fang , Nicholas Cheng Siang Sim
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Abstract

Meritocratic beliefs are defined as people's beliefs in the importance of hard work in societal success relative to other structural factors. As economic inequality grows, the plausibility of fair meritocracy has been called into a question, especially by those left behind by the supposedly meritocratic systems. Using data from the inequality module of International Social Survey Programme (ISSP), we find that a stronger belief in meritocratic values is associated with higher levels of inequality. Furthermore, our findings demonstrate a positive link between meritocratic beliefs and economic growth, with some indications that this relationship is mediated by inequality. From a policy perspective, this suggests that when efforts to engineer more equal outcomes in societies undermine the rewards of meritocracy, it has the potential to impede economic growth.

任人唯贤的信念与经济增长:经济不平等的中介效应
任人唯贤的信念是指人们相信相对于其他结构性因素而言,勤奋工作在社会成功中的重要性。随着经济不平等的加剧,公平择优的合理性受到质疑,尤其是那些被所谓的择优制度抛在后面的人。利用国际社会调查项目(ISSP)不平等模块的数据,我们发现,对任人唯贤价值观的更强信念与更高的不平等水平相关。此外,我们的研究结果表明,任人唯贤的信念与经济增长之间存在正向联系,并有迹象表明这种关系是由不平等所促成的。从政策的角度来看,这表明,如果在社会中设计更平等的结果的努力破坏了任人唯贤的回报,就有可能阻碍经济增长。
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