Journal
Metropolitan Journal of Academic Multidisciplinary Research
MJAMR
Cultural Norms and Socio-Economic Development Communities I N Uganda, a Case Study of Namanyonyi Sub County, Mbale District.
Mbodo Ismail, Akampurira Sarah, Kaziro Nicholas
| Journal | Metropolitan Journal of Academic Multidisciplinary Research (MJAMR) |
| Volume / Issue | Vol. 2, No. 10 |
| Published | 31 October 2023 |
| ISSN | 3006-4384 |
Abstract
Cultural variables are incorporated into a baseline endogenous economic growth model. Cultural attitudes toward achievement and thrift have a positive effect on economic growth. Cultural attitudes concerning post materialism have a negative effect on economic growth. Ordinary least squares regression is used to test economic and cultural models of growth on a cross section of 25 countries. The encompassing principle is used to resolve competing theoretical specifications and to generate a final parsimonious model. A variant of Leamer's Extreme Bounds Analysis (EBA) is used to evaluate the sensitivity of parameter estimates. The conclusions are further supported by nonparametric methods including robust regression and bootstrap resampling. The data for the analysis are from the World Values Survey (1990) and from Levine and Renelt (1992). An empirical model that incorporates both cultural and economic variables is superior to an explanation emphasizing one set of these variables.
Keywords
cultural norms
socio-economic development and communities
Cite This Article
Mbodo Ismail, Akampurira Sarah & Kaziro Nicholas (2023). Cultural Norms and Socio-Economic Development Communities I N Uganda, a Case Study of Namanyonyi Sub County, Mbale District. Metropolitan Journal of Academic Multidisciplinary Research, 2(10). https://journals.miu.ac.ug/pages/article.php?article_id=1078
More in This Issue
View full issue →
1
441 Government Expenditure and Economic Growth of Wobulenzi Town Council in Luwero District
government expenditure and economic growth
2
498 E-Marketing and the Growth of Small and Medium Sized Organizations in Uganda. A Case Study of Pride Microfinance, Kampala.
e-marketing
growth
small and medium sized organizations
3
516 Broadcast Media and Growth of Domestic Tourism in Uganda. A Case Study of Mengo Palace.
broadcast
media
growth and domestic tourism
4
668 Computerised Accounting System and Organizational Performance/Productivity at Arua District Local Government, Headquarters
Accounting
systems
organization and performance
5
677 Tax Education on Revenue Collection as a Perception of Tax Payers. A Case Study of Kiwatule Division Wakiso District
tax education
revenue collection
perception and tax payers