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| Author: | Fedderke, J.W. Luiz, J.M. |
| Title: | Does human capital generate social and institutional capital? Exploring evidence from South African time series data |
| Journal: | Oxford Economic Papers
2008 : OCT, VOL. 60:4, p. 649-682 |
| Index terms: | South Africa time series human capital |
| Freeterms: | social capital institutional capital |
| Language: | eng |
| Abstract: | In this paper, an analysis of the interaction of human capital (henceforth as: h-c.) investment and the development of social and political institutions is presented. It is found that h-c. matters - for growth through its quality dimension, for distributional conflict by raising political aspirations. However, h-c. does not stand alone either. The level of economic development matters, distributional conflict and the rights dispensation can come to influence h-c. investment decisions in their own right. Social, h-c., political as well as economic dimensions are concisely intangled in webs of association. |
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