EconPapers    
Economics at your fingertips  
 

Diversity and Growth

Mark Gradstein () and Moshe Justman
Additional contact information
Mark Gradstein: Ben Gurion University

No 11553, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of social integration and economic growth through external intervention or an internal political initiative. This paper describes a simple analytical model that captures these reciprocal effects, and sheds light on the role of government capacity, community leadership, federation and external credit or aid, in achieving economic growth through social integration.

Keywords: cultural diversity; economic growth; social interaction (search for similar items in EconPapers)
JEL-codes: O11 Z10 Z18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gro, nep-soc and nep-ure
Date: 2018-05
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://ftp.iza.org/dp11553.pdf (application/pdf)

Related works:
Working Paper: Diversity and Growth (2018) Downloads
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:iza:izadps:dp11553

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute for the Study of Labor (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Mark Fallak ().

 
Page updated 2018-11-16
Handle: RePEc:iza:izadps:dp11553