Fractionalization and long-run economic growth: Webs and direction of association between the economic and the social - South Africa as a time series case study

Applied Economics

Volumn 39, Issue 8, 2007, Pages 1037-1052

  Fedderke, J W ^a   Luiz, J M ^b  

^a UNIVERSITY OF CAPE TOWN   (South Africa)

^b UNIVERSITY OF JOHANNESBURG   (South Africa)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC DEVELOPMENT; ECONOMIC GROWTH; SOCIOECONOMIC CONDITIONS; SOCIOECONOMIC IMPACT; TIME SERIES ANALYSIS;

AFRICA; SOUTH AFRICA; SOUTHERN AFRICA; SUB-SAHARAN AFRICA;

EID: 34249743662     PISSN: 00036846     EISSN: 14664283     Source Type: Journal    
DOI: 10.1080/00036840500461899     Document Type: Article

References (48)

1. Alesina, A., Devleeschauwer, A., Easterly, W., Kurlat, S. and Wacziarg, R. Fractionalization. Cambridge NBER Working Paper No. 9411
2. Alesina, A. and Perotti, R. Income distribution, political instability and investment. Cambridge NBER Working Paper Series No. 4486
3. Andre, C. and Platteau, J-P (1998) Land relations under unbearable stress: Rwanda caught in the malthusian trap. Journal of Economic Behavior and Organization, 34, pp. 1-47.
4. Assane, D. and Grammy, A. (2003) Institutional framework and economic development: International evidence. Applied Economics, 35, pp. 1811-1817.
5. Awokuse, TO (2005) Exports, economic growth and causality in Korea. Applied Economics Letters, 12, pp. 693-696.
6. Barro, RJ (1996) Democracy and growth. Journal of Economic Growth, 1, pp. 1-24.
7. Barro, RJ and McCleary, RM Religion and economic growth. Cambridge NBER Working Paper No. 9682
8. Bengoa, M. and Sanchez-Robles, B. (2005) Does equality reduce growth? Some empirical evidence. Applied Economics Letters, 12, pp. 479-483.
9. Bhattacharyya, S. (2004) Deep determinants of economic growth. Applied Economics Letters, 11, pp. 587-590.
10. Bromberger, N. (1974) Economic growth and political change in South Africa. South Africa: Economic Growth and Political Change, Allison and Busby, London
11. Bromberger, N. (1978) Economic growth and political change in South Africa: A reassessment. Change, Reform and Economic Growth in South Africa, Ravan Press, Johannesburg
12. Chang, T. and Caudill, SB (2005) Financial development and economic growth: The case of Taiwan. Applied Economics, 37, pp. 1329-1335.
13. Collier, P. (2001) Ethnic diversity: An economic analysis. Economic Policy, pp. 127-166.
14. Easterly, W. and Levine, R. (1997) Africa's growth tragedy: Policies and ethnic divisions. Quarterly Journal of Economics, 112, pp. 1203-1250.
15. Fedderke, JW (2004) Investment in fixed capital stock: Testing for the impact of sectoral and systemic uncertainty, oxford bulletin of economics and statistics. Oxford Bulletin of Economic and Statistics, 66, pp. 165-188.
16. Fedderke, JW, Luiz, JM and de Kadt, R. (2005) Using fractionalization indexes: Deriving methodological principles for growth studies from time series evidence. Social Indicators Research
17. Fedderke, JW, de Kadt, R. and Luiz, JM (2001) Indicators of political liberty, property rights and political instability in South Africa: 1935-97. International Review of Law and Economics, 21, pp. 103-134.
18. Fedderke, JW, de Kadt, R. and Luiz, JM (2001) Growth and institutions: A study of the link between political institutions and economic growth in South Africa-a time series study: 1935-97. Journal for the Study of Economics and Econometrics, 25, pp. 1-26.
19. Fedderke, JW and Luiz, JM (2005) The political economy of institutions, stability and investment: A simultaneous equation approach in an emerging economy-the case of South Africa. Journal of Development Studies
20. Fedderke, JW and Klitgaard, RE (1998) Growth and social indicators: An exploratory analysis. Economic Development and Cultural Change, 46, pp. 455-490.
21. Fielding, D. (2000) Manufacturing investment in south africa: A time series model. Journal of Development Economics, 58, pp. 405-427.
22. Glaeser, EL, La Porta, R., Lopez-de-Silanes, F. and Shleifer, A. (2004) Do institutions cause growth?. Journal of Economic Growth, 9, pp. 271-303.
23. Hall, RE and Jones, CI (1999) Why do some countries produce so much more output per worker than others?. Quarterly Journal of Economics, 114, pp. 83-116.
24. Huntington, SP (1968) Political Order in Changing Societies, Yale University Press, New Haven
25. Huntington, SP (1984) Will more countries become democratic?. Political Science Quarterly, 99, pp. 193-218.
26. Huntington, SP (1991) Democracy's third wave. Journal of Democracy, 2, pp. 12-34.
27. Johansen, S. (1988) Statistical analysis of cointegrating vectors. Journal of Economic Dynamics and Control, 12, pp. 551-570.
28. Johansen, S. and Juselius, K. (1990) The full information maximum likelihood procedure for inference on cointegration -- with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52, pp. 168-210.
29. Johansen, S. and Juselius, K. (1992) Testing structural hypotheses in a multivariate cointegrating analysis of the PPP and the UIP for UK. Journal of Econometrics, 53, pp. 211-244.
30. Knack, S. and Keefer, P. (1997) Does social capital have an economic payoff? A cross-country investigation. Quarterly Journal of Economics, pp. 1251-1288.
31. Lipset, SM (1959) Some social requisites of democracy: Economic development and political legitimacy. American Political Science Review, 53, pp. 69-105.
32. Muller, EN (1997) Economic determinants of democracy. Inequality, Democracy, and Economic Development, University Press, Cambridge
33. Muscatelli, VA and Tirelli, P. (2001) Unemployment and growth: Some empirical evidence from structural time series models. Applied Economics, 33, pp. 1083-1088.
34. O'Dowd, M. (1974) South Africa in the light of the stages of economic growth. South Africa: Economic Growth and Political Change, Allison and Busky, London
35. O'Dowd, M. (1978) The stages of economic growth and the future of South Africa. Change, Reform and Economic Growth in South Africa, Ravan Press, Johannesburg
36. Pesaran, MH (1997) The role of economic theory in modelling the long-run. Economic Journal, 107, pp. 178-191.
37. Pesaran, MH and Shin, Y. (1995) Long run structural modelling. University of Cambridge
38. Pesaran, MH and Shin, Y. An autoregressive distributed lag modelling approach to cointegration analysis. Department of Applied Economics, University of Cambridge, Department of Applied Economics, University of Cambridge
39. Pesaran, MH, Shin, Y. and Smith, RJ (1996) Testing for the existence of a long-run relationship. University of Cambridge
40. Pesaran, MH, Shin, Y. and Smith, R. (2001) Bounds testing approaches to the analysis to the testing of level relationships. Journal of Applied Econometrics, 16, pp. 289-326.
41. Posner, DA (2004) Measuring ethnic fractionalization in Africa. American Journal of Political Science, 48, pp. 849-863.
42. Rodrik, D., Subramanian, A. and Trebbi, F. (2004) Institutions rule: The primacy of institutions over geography and integration in economic development. Journal of Economic Growth, 9, pp. 131-165.
43. Schultz, DA (1992) Property, Power and American Democracy, Transaction Publishers, New Brunswick
44. Sened, I. (1997) The Political Institutions of Private Property, University Press, Cambridge
45. Shan, J. (2005) Does financial development 'lead' economic growth? A vector autoregression appraisal. Applied Economics, 37, pp. 1353-1367.
46. Wahab, M. (2004) Economic growth and government expenditure: Evidence from a new test specification. Applied Economics, 36, pp. 2125-2135.
47. Weimer, DL (1997) The Political Economy of Property Rights, University Press, Cambridge
48. Wickens, MR (1996) Interpreting cointegrating vectors and common stochastic trends. Journal of Econometrics, 74, pp. 255-271.