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Culture-based development - culture and institutions: economic development in the regions of Europe

Annie Tubadji Orcid Logo

International Journal of Society Systems Science, Volume: 5, Issue: 4, Start page: 355

Swansea University Author: Annie Tubadji Orcid Logo

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Abstract

This inquiry seeks to provide a comprehensive conceptual framework for understanding the role of culture in economic growth. Economic growth theory has recognised labour and physical capital as primary economic inputs; plugging in additional variables related to human capital and entrepreneurship gi...

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Published in: International Journal of Society Systems Science
ISSN: 1756-2511 1756-252X
Published: 2013
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URI: https://cronfa.swan.ac.uk/Record/cronfa52005
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first_indexed 2019-09-23T14:18:31Z
last_indexed 2019-09-30T14:20:39Z
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spelling 2019-09-30T13:11:29.9109034 v2 52005 2019-09-23 Culture-based development - culture and institutions: economic development in the regions of Europe f17b08e9124965486f3b5885a87b396d 0000-0002-6134-3520 Annie Tubadji Annie Tubadji true false 2019-09-23 ECON This inquiry seeks to provide a comprehensive conceptual framework for understanding the role of culture in economic growth. Economic growth theory has recognised labour and physical capital as primary economic inputs; plugging in additional variables related to human capital and entrepreneurship gives rise to the further developed endogenous growth models. Based on multidisciplinary theory and evidence, the present inquiry argues that these basic components of the growth models, together with the institutional context of each case, depend on local culture. However, the relationship with culture in growth modelling is still omitted. The current paper lays down the foundations of the culture based development (CBD) concept, identifying culture as a proto-institution which through the mechanisms of latent influence of cultural capital on the reallocation of the main production factors affects growth. Preliminary empirical operationalisations, alternatively with OECD and DE data, illustrate the potential of the CBD model for applied research. Journal Article International Journal of Society Systems Science 5 4 355 1756-2511 1756-252X cultural capital, living culture, cultural heritage, regional development, institutions, Europe, society systems 1 1 2013 2013-01-01 10.1504/IJSSS.2013.058466 COLLEGE NANME Economics COLLEGE CODE ECON Swansea University 2019-09-30T13:11:29.9109034 2019-09-23T11:49:52.9922869 Faculty of Humanities and Social Sciences School of Management - Economics Annie Tubadji 0000-0002-6134-3520 1
title Culture-based development - culture and institutions: economic development in the regions of Europe
spellingShingle Culture-based development - culture and institutions: economic development in the regions of Europe
Annie Tubadji
title_short Culture-based development - culture and institutions: economic development in the regions of Europe
title_full Culture-based development - culture and institutions: economic development in the regions of Europe
title_fullStr Culture-based development - culture and institutions: economic development in the regions of Europe
title_full_unstemmed Culture-based development - culture and institutions: economic development in the regions of Europe
title_sort Culture-based development - culture and institutions: economic development in the regions of Europe
author_id_str_mv f17b08e9124965486f3b5885a87b396d
author_id_fullname_str_mv f17b08e9124965486f3b5885a87b396d_***_Annie Tubadji
author Annie Tubadji
author2 Annie Tubadji
format Journal article
container_title International Journal of Society Systems Science
container_volume 5
container_issue 4
container_start_page 355
publishDate 2013
institution Swansea University
issn 1756-2511
1756-252X
doi_str_mv 10.1504/IJSSS.2013.058466
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Economics{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Economics
document_store_str 0
active_str 0
description This inquiry seeks to provide a comprehensive conceptual framework for understanding the role of culture in economic growth. Economic growth theory has recognised labour and physical capital as primary economic inputs; plugging in additional variables related to human capital and entrepreneurship gives rise to the further developed endogenous growth models. Based on multidisciplinary theory and evidence, the present inquiry argues that these basic components of the growth models, together with the institutional context of each case, depend on local culture. However, the relationship with culture in growth modelling is still omitted. The current paper lays down the foundations of the culture based development (CBD) concept, identifying culture as a proto-institution which through the mechanisms of latent influence of cultural capital on the reallocation of the main production factors affects growth. Preliminary empirical operationalisations, alternatively with OECD and DE data, illustrate the potential of the CBD model for applied research.
published_date 2013-01-01T04:04:07Z
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score 11.037581