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In book "Mass Flourishing", Edmund Phelps, 2013, the author makes some intuitive connections between culture and the growth rates of countries over the history of the industrial era, making a distinction between indigenous/home-grown innovation and imported innovation, and proposing countries with high levels of indigenous innovation have had better economic growth performance.
In book "Dynamism", Phelps et. al., 2020, the authors add to Phelps prior work, to show causal correlation between indigenous/home-grown innovation and culture, and between indigenous innovation and economic growth, with cultures scoring high on WVS World Values Survey Secular-Rational (vs. Traditional) and Self-Expression (vs. Survival) as seen in Inglehart-Welzel World Cultural Map, enjoying high economic growth, with Sweden being an exemplar:
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