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Social Capital as a Determinant of Economic Growth in Africa

Author

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  • Jerven, Morten

    (London School of Economics)

Abstract

This paper reviews the methodology and evidence of recent regression literature attributing the African growth shortfall to lack of social capital. It finds that the literature is not able to account for the actual economic growth experience, only in a significantly reformulated and misleading way. The paper considers how social capital is defined and which proxies are used in the literature, and notes considerable theoretical and empirical inconsistency. In conclusion the paper supports the contention that social capital is best understood as an outcome, and not a cause of growth. At the present state of the literature explaining economic growth the use of social capital as a determinant. has not been empirically useful nor analytically coherent.

Suggested Citation

  • Jerven, Morten, 2006. "Social Capital as a Determinant of Economic Growth in Africa," Ratio Working Papers 108, The Ratio Institute.
    • Handle: RePEc:hhs:ratioi:0108
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    File URL: http://www.ratio.se/pdf/wp/mj_africa.pdf
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    References listed on IDEAS

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    1. Andre, Catherine & Platteau, Jean-Philippe, 1998. "Land relations under unbearable stress: Rwanda caught in the Malthusian trap," Journal of Economic Behavior & Organization, Elsevier, vol. 34(1), pages 1-47, January.
    2. Bleaney, Michael & Nishiyama, Akira, 2002. "Explaining Growth: A Contest between Models," Journal of Economic Growth, Springer, vol. 7(1), pages 43-56, March.
    3. Robert J. Barro & Jong-Wha Lee, 1993. "Losers and Winners in Economic Growth," NBER Working Papers 4341, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Daron Acemoglu & Tristan Reed & James A. Robinson, 2013. "Chiefs: Elite Control of Civil Society and Economic Development in Sierra Leone," NBER Working Papers 18691, National Bureau of Economic Research, Inc.
    2. Daron Acemoglu & Tristan Reed & James A. Robinson, 2014. "Chiefs: Economic Development and Elite Control of Civil Society in Sierra Leone," Journal of Political Economy, University of Chicago Press, vol. 122(2), pages 319-368.

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    More about this item

    Keywords

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    JEL classification:

    • N17 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Africa; Oceania
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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