Template-Type: ReDIF-Paper 1.0
Title: Social capability and economic development
Author-Name: Jonathan Temple
Author-Name: Paul Johnson
Creation-Date: 199607
Abstract: This paper explores the role of 'social capability' in growth and
  	development. We present a wide variety of evidence to show that
  	economic growth is strongly related to the extent of a  country's
  	initial social development. We also show that differences  in social
  	capability can explain the polarization that may be taking place in
  	the world income distribution. Finally, our results lead us to
  	reject the influential augmented Solow model in favour of the
  	alternative view, in which technology is allowed to differ across
  	countries and social factors play a role in the speed of catching
  	up.
Series: W
Number: 21 & 114
File-URL: http://www.nuff.ox.ac.uk/economics_wp/w21/social.zip
File-Format: Application/postscript/zipped
File-Size: 1,013,934 bytes
Handle: RePEc:nuf:econwp:0021