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Social Capability as a Driver for Economic Growth: A Conceptual and Empirical Study on Structural Dynamics, 1991-2016

Neubauer, Moritz LU (2019) EKHS21 20191
Department of Economic History
Abstract
To this day, the question of what factors drive economic development and catching-up remains deeply controversial in growth literature. The concept of social capability provides a useful framework to investigate the relationship of the parallel processes of transformation, inclusion, autonomy and accountability with economic performance. Nevertheless, there are few attempts to quantify social capability. By compiling and analysing a sample of 118 countries over 26 years from 1991 to 2016, this thesis contributes to this emerging discussion. The results are diverse but point to trends that are consistent with previous literature. Most importantly, the increasing productivity in the agricultural sector seems to be pivotal for long- term... (More)
To this day, the question of what factors drive economic development and catching-up remains deeply controversial in growth literature. The concept of social capability provides a useful framework to investigate the relationship of the parallel processes of transformation, inclusion, autonomy and accountability with economic performance. Nevertheless, there are few attempts to quantify social capability. By compiling and analysing a sample of 118 countries over 26 years from 1991 to 2016, this thesis contributes to this emerging discussion. The results are diverse but point to trends that are consistent with previous literature. Most importantly, the increasing productivity in the agricultural sector seems to be pivotal for long- term economic performance. Furthermore, the degree of inclusion appears to play an essential and mediating role. The results of this thesis show the need for closer coordination between cross-country approaches and historical case studies concerning social capability. (Less)
Please use this url to cite or link to this publication:
author
Neubauer, Moritz LU
supervisor
organization
course
EKHS21 20191
year
type
H1 - Master's Degree (One Year)
subject
keywords
Social capability, economic development, catch-up growth, agricultural transformation
language
English
id
9021076
date added to LUP
2020-09-07 09:46:52
date last changed
2020-09-07 09:46:52
@misc{9021076,
  abstract     = {{To this day, the question of what factors drive economic development and catching-up remains deeply controversial in growth literature. The concept of social capability provides a useful framework to investigate the relationship of the parallel processes of transformation, inclusion, autonomy and accountability with economic performance. Nevertheless, there are few attempts to quantify social capability. By compiling and analysing a sample of 118 countries over 26 years from 1991 to 2016, this thesis contributes to this emerging discussion. The results are diverse but point to trends that are consistent with previous literature. Most importantly, the increasing productivity in the agricultural sector seems to be pivotal for long- term economic performance. Furthermore, the degree of inclusion appears to play an essential and mediating role. The results of this thesis show the need for closer coordination between cross-country approaches and historical case studies concerning social capability.}},
  author       = {{Neubauer, Moritz}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Social Capability as a Driver for Economic Growth: A Conceptual and Empirical Study on Structural Dynamics, 1991-2016}},
  year         = {{2019}},
}