Table 1
Correlations Between the Rate of Business Ownership and Hofstede’s and Hoppe’s Indices
 
1974 
1984 
1994 
Power distance index (Hofstede) .47* .55* .46*
Uncertainty avoidance index .52* .56** .49*
Individualism index -.09 -.13 -.17
Masculinity index .23 .28 .2
Power distance index (Hoppe) .67** .71** .67**
Uncertainty avoidance index .3 .35 .32
Individualism index -.44 -.48 -.52*
Masculinity index .07 .24 .27

Significance levels: * p<0.05; ** p<0.01; *** p<0.001. Year of variable’s measurement is underlined (Hofstede’s indices were measured between 1967 and 1973).