Abstract
The paper presents a model of social and economic development which relaxes some of the assumptions made in existing papers on the determinants of growth. In particular, the model allows for multidirectional causality between social and economic indicators. The model indicates that there are strong causal relationships in both directions between economic development and social and political development.
Original language | English |
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Pages (from-to) | 393-414 |
Number of pages | 22 |
Journal | Review of Development Economics |
Volume | 6 |
Issue number | 3 |
DOIs | |
Publication status | Published - Oct 2002 |