Capabilities, Economic Development, Sustainability

Jan Fagerberg and Martin Srholec

No 2020001, Working Papers Archives from Centre for Technology, Innovation and Culture, University of Oslo

Abstract: The capability concept is commonly used in analyses of firms, however, as this paper shows, it may also be used at the level of nations. Factor analysis is used on a broad set of relevant indicators to derive composite measures of national technological and social capabilities. The data covers 114 countries worldwide on different levels of development for the period 1995-2013. The paper then analyzes the relationships between these capability measures and economic development, defined in various ways, and controlling for other relevant factors. The results suggest that improving national technological and social capability is a must for achieving (sustainable) economic development and improving living conditions.

Pages: 25 pages
Date: 2020-03
New Economics Papers: this item is included in nep-env and nep-knm
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Citations: View citations in EconPapers (5)

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Journal Article: Capabilities, economic development, sustainability (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:tik:wparch:2020001

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