A study in economic psychology: achievement motivation and economic performance in the Newfoundland dairy industry

After two and one-half decades as a province of Canada, during which many attempts have been made at stimulating economic development, politicians, administrators, and economists alike are faced with the disconcerting reality that their various schemes and plans have generally turned out to be much...

Full description

Bibliographic Details
Main Author: Mercer, John Almore
Format: Thesis
Language:English
Published: Memorial University of Newfoundland 1979
Subjects:
Online Access:https://research.library.mun.ca/7718/
https://research.library.mun.ca/7718/1/Mercer_JohnAlmore.pdf
https://research.library.mun.ca/7718/3/Mercer_JohnAlmore.pdf
Description
Summary:After two and one-half decades as a province of Canada, during which many attempts have been made at stimulating economic development, politicians, administrators, and economists alike are faced with the disconcerting reality that their various schemes and plans have generally turned out to be much less successful that was initially anticipated, Newfoundland is still one of Canada’s least developed provinces. -- The author of this thesis believes that, in attempting to explain the specific characteristics of Newfoundland’s persistent retardation in economic development, it is useful to depart from the usual trodden paths of development economics and directly examine the psychological aspect of the development problem. David C McClelland’s concept of achievement motivation is chosen as the point of departure. -- The idea that achievement motivation, a psycho-econometric indicator of entrepreneurial success, might be significant in explaining the retarded level of economic progress in Newfoundland, led to a research plan which it is hoped will give some indication as the relationship between levels of achievement motivation and occupational performance for one particular sector of the Newfoundland economy - the dairy industry. -- The thesis reviews previous research into the relationship between achievement motivation and occupational performance. It also examines the role of technology and entrepreneurship in the various theories of economic development and notes the increasing emphasis on these factors in recent economic development literature. -- The thesis goes on to measure achievement motivation levels in the Newfoundland dairy industry. Findings obtained from a survey of forty-four of forty-seven dairy farmers in Newfoundland indicate that there is a highly significant relationship between levels of achievement motivation and such indicators of occupational performance in the dairy industry as the number of acres farmed, the number of acres owned, the number of acres of forage crops grown, the number of ...