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How Does the Social Wavefunction Impact Sustainable Economic Growth and the Country’s Competitiveness? An Empirical Study of India

Wang Zh

American Review of Political Economy2025https://doi.org/10.38024/arpe.625article
ABDC C
Weight
0.50

What the paper says

Contrary to earlier studies that identified national competitiveness as the chief determinant of a nation’s Gross Domestic Product (GDP) and economic growth, this research pivots towards the intricate dynamics of social and cognitive waves. We explore the social wavefunctions, especially in the context of innovation and institutional structures within cognitive waves. These wavefunctions, intricately interlinked, evolve within societies, driving social transformations and shifts. Our main thesis emphasizes the crucial roles of innovation and policy decisions. Our empirical focus is on India, a burgeoning economy, using statistical panel data from the Global Competitiveness Index (GCI) covering the years 2007 to 2018. Through comprehensive interactive testing, we present our results across 9 tables and 7 figures. The findings illustrate that societal evolution manifests through changing patterns influenced by social, economic, and political forces, often producing unexpected results. These insights highlight the pivotal interplay between innovation capacities and institutional policy choices as key drivers of economic growth. This study charts a new course for research and, from the perspective of Quantum Mechanics entanglement, provides a novel understanding of the sustainability of human societal evolution.

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https://doi.org/https://doi.org/10.38024/arpe.625

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@article{wang2025,
  title        = {{How Does the Social Wavefunction Impact Sustainable Economic Growth and the Country’s Competitiveness? An Empirical Study of India}},
  author       = {Wang Zh},
  journal      = {American Review of Political Economy},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.38024/arpe.625},
}

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How Does the Social Wavefunction Impact Sustainable Economic Growth and the Country’s Competitiveness? An Empirical Study of India

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.