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Is diversity bad for economic growth?: Evidence from state-level data in the US
- Source :
-
Journal of Socio-Economics . Dec2009, Vol. 38 Issue 6, p859-870. 12p. - Publication Year :
- 2009
-
Abstract
- Abstract: The paper examines the macroeconomic effects of social diversity in the United States. Employing a cross-sectional dataset for 48 states, we find mixed empirical evidence for the impact of diversity on Gross State Product (GSP) per capita growth: racial diversity reduces GSP growth, while linguistic diversity raises GSP growth. Our findings suggest that because English is used frequently by non-native speakers barriers to communications based on race are more pronounced and enduring than those based on linguistic differences. The results provide a justification for establishing ‘weak ties’ across diverse racial groups as a means to enhance economic performance. [Copyright &y& Elsevier]
Details
- Language :
- English
- ISSN :
- 10535357
- Volume :
- 38
- Issue :
- 6
- Database :
- Academic Search Index
- Journal :
- Journal of Socio-Economics
- Publication Type :
- Academic Journal
- Accession number :
- 44417566
- Full Text :
- https://doi.org/10.1016/j.socec.2009.05.006