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Mississippi State University

2007

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Economic Freedom And Social Capital Determinants On Economic Growth Of Developed And Developing Nations, Debjani Chakrabarti May 2007

Economic Freedom And Social Capital Determinants On Economic Growth Of Developed And Developing Nations, Debjani Chakrabarti

Theses and Dissertations

This dissertation explores the determining effects of non-economic factors on economic growth of developed versus developing nations. While earlier economic theories have traditionally focused on land, labor, capital and technology as the principle determining factors of economic growth, latter-day normative theorists demonstrated the importance of cultural forces and human capital variables on economic growth of nations. This dissertation is an extension of this emphasis put on economic growth by the latter-day normative theorists. Economic activities for developed and developing nations have been used as a proxy stock variable (for economic growth) for three points in time ? 1980, 1990 and …