Linking Ethics and Economic Growth: A Comment on Hunt

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    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.
    Original languageEnglish
    JournalContemporary Economics
    Issue number3
    Pages (from-to)4-9
    Number of pages6
    Publication statusPublished - 2012


    • Ethics
    • Trust
    • Competition
    • Productivity
    • Economic Growth
    • Resource-Advantage Theory

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