Why Growth Rates Differ: The Political Economy of Social Capability in 21 Developing Countries

Deepak Lal

Chapter 14 in Social Capability and Long-Term Economic Growth, 1995, pp 288-309 from Palgrave Macmillan

Abstract: Abstract Social capability as a determinant of the differing growth performance of development countries over the last three decades is meant to cover all those causes of growth which go beyond the proximate ones — the level of investment and its efficiency — in explaining differences in growth rates. These include: entrepreneurship, learning by doing, organizational and institutional aspects related to transactions and information costs, as well as the general economic and political framework which determine the relative costs of doing business in different countries, as well as their efficiency of investment, and levels of thrift.

Keywords: Comparative Advantage; Real Wage; Factor Price; Country Study; Resource Endowment (search for similar items in EconPapers)
Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Why Growth Rates Differ: The Political Economy of Social Capability in 21 Developing Countries (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13512-7_14

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349135127

DOI: 10.1007/978-1-349-13512-7_14

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().