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paper to model this positive relationship between Islamic work ethics and economic growth and prove theoretically its … doing is replaced by ethical capital (piety). Findings The model proves theoretically that Islamic ethics are a key engine … teach them Islamic work ethics. Originality/value This paper is the first to mathematically model Islamic work ethics as …
Persistent link: https://www.econbiz.de/10013349818
Foss (2012) provides an informed and informative comment on my article “Trust, Personal Moral Codes, and the Resource-Advantage Theory of Competition: Explaining Productivity, Economic Growth, and Wealth Creation” (Hunt, 2012). In general, his comment is highly supportive of both the theory...
Persistent link: https://www.econbiz.de/10009767593
The purpose of this paper is to survey the contributions to economic growth theory. We focus on the basic models and literature that link resource economic and economic growth, in order to reveal the main differences on how the different aspects are incorporated into growth models. As economic...
Persistent link: https://www.econbiz.de/10010350794
Persistent link: https://www.econbiz.de/10012548161
Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and...
Persistent link: https://www.econbiz.de/10012661102
Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and...
Persistent link: https://www.econbiz.de/10012695872
In the postwar period until today the call for more intensive economic growth, again and again, enjoyed a substantial popularity in the world of politics, in particular with reference to possible current solutions of given economic problems. Here growth considerations and decisions in the past...
Persistent link: https://www.econbiz.de/10011786045
From its flow tide, fueled by the Cold War, to its ebbing with the anti-growth movement and the economic crises of the early 1970s, the "growthmen" of MIT stood at the center of the dominant field in macroeconomics. The history of MIT growth economics is traced from Solow's seminal neoclassical...
Persistent link: https://www.econbiz.de/10011707791
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