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Culture Based Development and Pro-Circular-Economy Behaviour in India

Annie Tubadji Orcid Logo, Yashi Jain, Ilias Asproudis Orcid Logo

Scienze Regionali, Pages: 1 - 34

Swansea University Authors: Annie Tubadji Orcid Logo, Yashi Jain, Ilias Asproudis Orcid Logo

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DOI (Published version): 10.14650/107808

Abstract

This paper posits that individual cultural preferences for pro-ecological behaviour underpin the aggregate shift of the local economic system towards the development of a circular economy. The main take of this study is that local cultural capital (as a context) determines the social capital, which...

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Published in: Scienze Regionali
Published: 2023
URI: https://cronfa.swan.ac.uk/Record/cronfa64338
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first_indexed 2023-09-03T16:48:44Z
last_indexed 2023-09-03T16:48:44Z
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spelling v2 64338 2023-09-03 Culture Based Development and Pro-Circular-Economy Behaviour in India f17b08e9124965486f3b5885a87b396d 0000-0002-6134-3520 Annie Tubadji Annie Tubadji true false 1bac68e5ed4f32ddb0d6263d433bf3fb Yashi Jain Yashi Jain true false da7667a22ea7ad12af360650b733406f 0000-0002-8332-1832 Ilias Asproudis Ilias Asproudis true false 2023-09-03 ECON This paper posits that individual cultural preferences for pro-ecological behaviour underpin the aggregate shift of the local economic system towards the development of a circular economy. The main take of this study is that local cultural capital (as a context) determines the social capital, which in its turn affects the local modes of economic activity. Economically speaking, cultural preferences (affecting social capital) are theorized as the cause of a shift in the demand curve for eco-favourable behaviour; this is echoed by the entrepreneurial supply which has a further consequence for the circularity of the economy. To operationalize our hypothesis, we use the local level of GVA and the local level of air pollution as alternative proxies for the local circular economy and explain their dependence on individual preferences for pro-ecological agency of the individuals and firms in the locality. We use data for 2,700 individuals in India in 2014 from the World Value Survey (WVS), augmented with regional indicators, obtained from various alternative sources. An important finding of our study is that individual disregard of the economy grows with the economic prosperity of the locality, however it is the local cultural capital that curbs the individual free riding on the ecological public resource and benefits the local shift towards the circular economy. Journal Article Scienze Regionali 1 34 Culture Based Development (CBD), expressive behaviour, circular economy 27 7 2023 2023-07-27 10.14650/107808 COLLEGE NANME Economics COLLEGE CODE ECON Swansea University Not Required 2024-04-04T19:04:01.7617505 2023-09-03T17:39:35.9011947 Faculty of Humanities and Social Sciences School of Social Sciences - Economics Annie Tubadji 0000-0002-6134-3520 1 Yashi Jain 2 Ilias Asproudis 0000-0002-8332-1832 3
title Culture Based Development and Pro-Circular-Economy Behaviour in India
spellingShingle Culture Based Development and Pro-Circular-Economy Behaviour in India
Annie Tubadji
Yashi Jain
Ilias Asproudis
title_short Culture Based Development and Pro-Circular-Economy Behaviour in India
title_full Culture Based Development and Pro-Circular-Economy Behaviour in India
title_fullStr Culture Based Development and Pro-Circular-Economy Behaviour in India
title_full_unstemmed Culture Based Development and Pro-Circular-Economy Behaviour in India
title_sort Culture Based Development and Pro-Circular-Economy Behaviour in India
author_id_str_mv f17b08e9124965486f3b5885a87b396d
1bac68e5ed4f32ddb0d6263d433bf3fb
da7667a22ea7ad12af360650b733406f
author_id_fullname_str_mv f17b08e9124965486f3b5885a87b396d_***_Annie Tubadji
1bac68e5ed4f32ddb0d6263d433bf3fb_***_Yashi Jain
da7667a22ea7ad12af360650b733406f_***_Ilias Asproudis
author Annie Tubadji
Yashi Jain
Ilias Asproudis
author2 Annie Tubadji
Yashi Jain
Ilias Asproudis
format Journal article
container_title Scienze Regionali
container_start_page 1
publishDate 2023
institution Swansea University
doi_str_mv 10.14650/107808
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 Social Sciences - Economics{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Social Sciences - Economics
document_store_str 0
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description This paper posits that individual cultural preferences for pro-ecological behaviour underpin the aggregate shift of the local economic system towards the development of a circular economy. The main take of this study is that local cultural capital (as a context) determines the social capital, which in its turn affects the local modes of economic activity. Economically speaking, cultural preferences (affecting social capital) are theorized as the cause of a shift in the demand curve for eco-favourable behaviour; this is echoed by the entrepreneurial supply which has a further consequence for the circularity of the economy. To operationalize our hypothesis, we use the local level of GVA and the local level of air pollution as alternative proxies for the local circular economy and explain their dependence on individual preferences for pro-ecological agency of the individuals and firms in the locality. We use data for 2,700 individuals in India in 2014 from the World Value Survey (WVS), augmented with regional indicators, obtained from various alternative sources. An important finding of our study is that individual disregard of the economy grows with the economic prosperity of the locality, however it is the local cultural capital that curbs the individual free riding on the ecological public resource and benefits the local shift towards the circular economy.
published_date 2023-07-27T19:03:57Z
_version_ 1795428279824416768
score 11.013731

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