Journal article 1225 views
Culture‐based development: empirical evidence for Germany
International Journal of Social Economics, Volume: 39, Issue: 9, Pages: 690 - 703
Swansea University Author:
Annie Tubadji
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DOI (Published version): 10.1108/03068291211245718
Abstract
Purpose– The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth.Design/methodology/approach– The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio‐economic factor. The outline...
| Published in: | International Journal of Social Economics |
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| ISSN: | 0306-8293 |
| Published: |
2012
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| Online Access: |
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa52003 |
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| Abstract: |
Purpose– The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth.Design/methodology/approach– The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio‐economic factor. The outlined CBD mechanism of impact is expressed in a testable empirical model. Alternative approaches for operationalizing the CBD definition of cultural capital are suggested and a real data application on intra‐regional level (for German Kreise) is presented.Findings– The findings illustrate the ability of the CBD model to capture the statistical significance of culture.Originality/value– The paper demonstrates the two innovative elements of the CBD approach to culture: first, measuring culture with a factor variable as a better alternative to the mono‐dimensional variables inferred by the state of the art; and second, thus capturing the overall economic meaning of the cultural factor (not just one aspect of it) for local socio‐economic development. |
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| Keywords: |
Germany, economic growth, national economy, culture, religion, local economies, resources |
| College: |
Faculty of Humanities and Social Sciences |
| Issue: |
9 |
| Start Page: |
690 |
| End Page: |
703 |