TY - JOUR
T1 - Measures of tolerance and economic prosperity
AU - Gani, Azmat
N1 - Publisher Copyright:
© Emerald Group Publishing Limited.
PY - 2016/1/11
Y1 - 2016/1/11
N2 - Purpose - The purpose of this paper is to investigate how a wide range of measures of tolerance, considered from social and institutional perspective relate to growth in the Organization for Economic Cooperation and Development (OECD) countries. Design/methodology/approach - The empirical framework is based on a growth regression equation with a specification that is common in the growth literature. The estimation includes the generalized least squares, fixed and random effects methods. The empirical analysis is based on cross-country data from a sample of countries from the OECD. Findings - The findings on social measures of tolerance provide strong support that OECD countries are tolerant toward migrants and womens participation in economic activities and national policy making. The findings also provide e vidence that political rights, civil liberties and rule of law as indicators of institutional tolerance, are strongly associated with growth. Practical implications - The findings presented here from OECD countries lead to the conclusion that tolerance matters for the prosperity of nations. The findings of this study have policy implications beyond the OECD countries and particularly relevant to the developing economies. Originality/value - This paper makes a new empirical contribution to the tolerance literature.
AB - Purpose - The purpose of this paper is to investigate how a wide range of measures of tolerance, considered from social and institutional perspective relate to growth in the Organization for Economic Cooperation and Development (OECD) countries. Design/methodology/approach - The empirical framework is based on a growth regression equation with a specification that is common in the growth literature. The estimation includes the generalized least squares, fixed and random effects methods. The empirical analysis is based on cross-country data from a sample of countries from the OECD. Findings - The findings on social measures of tolerance provide strong support that OECD countries are tolerant toward migrants and womens participation in economic activities and national policy making. The findings also provide e vidence that political rights, civil liberties and rule of law as indicators of institutional tolerance, are strongly associated with growth. Practical implications - The findings presented here from OECD countries lead to the conclusion that tolerance matters for the prosperity of nations. The findings of this study have policy implications beyond the OECD countries and particularly relevant to the developing economies. Originality/value - This paper makes a new empirical contribution to the tolerance literature.
KW - Culture
KW - Democracy
KW - Freedom
KW - Social policy
UR - http://www.scopus.com/inward/record.url?scp=84954450304&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84954450304&partnerID=8YFLogxK
U2 - 10.1108/IJSE-04-2014-0077
DO - 10.1108/IJSE-04-2014-0077
M3 - Article
AN - SCOPUS:84954450304
SN - 0306-8293
VL - 43
SP - 71
EP - 85
JO - International Journal of Social Economics
JF - International Journal of Social Economics
IS - 1
ER -