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Social capital, R&D and provincial growth in Indonesia
We propose and test the hypothesis that social capital is an important determinant of total factor productivity (TFP) growth. Using a new historical dataset on 33 Indonesian provinces covering the period 2010–18, we show that social capital enhances growth through research and development (R&D) expenditure. Our analysis is based on a modified endogenous growth model, and the estimations reveal that a unit standard deviation improvement in aggregate, tangible and intangible social capital, and religiosity improves TFP growth by at least 9.80% (of the mean TFP growth) through R&D spending. These results are robust.
Social capital, R&D and provincial growth in Indonesia
We propose and test the hypothesis that social capital is an important determinant of total factor productivity (TFP) growth. Using a new historical dataset on 33 Indonesian provinces covering the period 2010–18, we show that social capital enhances growth through research and development (R&D) expenditure. Our analysis is based on a modified endogenous growth model, and the estimations reveal that a unit standard deviation improvement in aggregate, tangible and intangible social capital, and religiosity improves TFP growth by at least 9.80% (of the mean TFP growth) through R&D spending. These results are robust.
Social capital, R&D and provincial growth in Indonesia
Juhro, Solikin M. (Autor:in) / Narayan, Paresh Kumar (Autor:in) / Iyke, Bernard Njindan (Autor:in) / Trisnanto, Budi (Autor:in)
Regional Studies ; 56 ; 2117-2132
02.12.2022
16 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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