Social and institutional factors as determinants of economic growth

Evidence from the United States counties

Anil Rupasingha, Stephan J. Goetz, David Freshwater

Research output: Contribution to journalArticle

106 Citations (Scopus)

Abstract

In the search for explanations of persistent differences in economic growth rates, the conditional convergence growth model has introduced the possibility of incorporating a wide set of factors as determinants of growth. Controlling for spatial dependence, we assess the contribution of differences in social and institutional variables on growth rates of per capita income for counties in the United States. The empirical results indicate that, ceteris paribus, social and institutional variables explain some of the differences in convergence rates among counties. In particular, (i) ethnic diversity is associated with faster rates of economic growth; (ii) higher levels of income inequality are associated with lower rates; and (iii) higher levels of social capital have a positive effect on economic growth rates.

Original languageEnglish (US)
Pages (from-to)139-155
Number of pages17
JournalPapers in Regional Science
Volume81
Issue number2
DOIs
StatePublished - 2002

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institutional factors
social factors
economic growth
determinants
income
evidence
difference in income
social capital
rate
county

All Science Journal Classification (ASJC) codes

  • Environmental Science (miscellaneous)
  • Geography, Planning and Development

Cite this

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Social and institutional factors as determinants of economic growth : Evidence from the United States counties. / Rupasingha, Anil; Goetz, Stephan J.; Freshwater, David.

In: Papers in Regional Science, Vol. 81, No. 2, 2002, p. 139-155.

Research output: Contribution to journalArticle

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