Open AccessLinking Ethics and Economic Growth: a Comment on Hunt
Author(s) -
Nicolai J. Foss
Publication year - 2012
Publication title -
współczesna ekonomia
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.229
H-Index - 14
ISSN - 1897-9254
DOI - 10.5709/ce.1897-9254.46
Subject(s) - engineering ethics , sociology , economics , political science , engineering
Hunt (2012) builds on his work concerning ethics and resource-advantage theory to link personal ethical standards, societal norms, and economic growth but offers few details concerning the precise mechanisms that link ethics and growth. This comment suggests a number of such mechanisms – for example, the influence of prevailing ethical norms on the aggregate elasticity of substitution and, therefore, total factor productivity and growth