Abstract
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 language | English |
|---|---|
| Journal | Contemporary Economics |
| Volume | 6 |
| Issue number | 3 |
| Pages (from-to) | 4-9 |
| Number of pages | 6 |
| ISSN | 2084-0845 |
| Publication status | Published - 2012 |
Keywords
- Ethics
- Trust
- Competition
- Productivity
- Economic Growth
- Resource-Advantage Theory
