The Correlation between Human Capital and Morality and Its Effect on Economic Performance : Theory and Evidence

The Correlation between Human Capital and Morality and Its Effect on Economic Performance : Theory and Evidence

This paper incorporates morality -- defined as lower utility from consuming goods obtained through appropriative rather than productive activities -- into a simple static general equilibrium model in which agents choose whether to be producers or a...

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Bibliographic Details
Main Authors: Balan, David J., Knack, Stephen
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACHIEVEMENT
CAUSATION
COMPETITIVENESS
CONSTANT RETURNS TO SCALE
CORRELATIONS
DEVELOPMENT POLICY
ECONOMETRIC MODELS
ECONOMETRICS
ECONOMIC PERFORMANCE
EDUCATION LEVEL
ENDOGENOUS VARIABLES
ENTREPRENEURSHIP
EQUATIONS
ETHICAL BEHAVIOR
ETHICS
EXPORTS
FORMAL EDUCATION
FUTURE RESEARCH
GDP
GDP PER CAPITA
GENERAL EQUILIBRIUM MODEL
HONESTY
HUMAN CAPITAL
HUMAN DEVELOPMENT
HYPOTHESES
INCOME
INCOME LEVELS
INDEPENDENT VARIABLES
INFERENCE
INTUITION
ISLAM
LET
LINEAR MODELS
MISSING DATA
MODELING
MORALITY
NUMERICAL ANALYSIS
ORDINAL SCALES
OUTLIERS
PAPERS
PER CAPITA INCOME
PERSONALITY
POLITICAL ECONOMY
PREDICTION
PREDICTIONS
PROBABILITY
PRODUCTION FUNCTIONS
PSYCHOLOGY
PUBLIC SERVICES
PURCHASING POWER
REALITY
REASONING
RELIGION
RELIGIONS
RENT SEEKING
ROM
SACRIFICE
SAMPLE SIZE
SCHOOLING
SCHOOLS
SECONDARY EDUCATION
STANDARD DEVIATION
STANDARD DEVIATIONS
STANDARD ERRORS
STATISTICAL SIGNIFICANCE
STRUCTURAL MODELING
SUPPLY CURVE
TIME SERIES
TRANSITION ECONOMIES
UNEMPLOYMENT
VALIDITY
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110630123337
http://hdl.handle.net/10986/3483

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110630123337
http://hdl.handle.net/10986/3483

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